MirBlagMet LLC has set its output target for this year on the level of 90 kg of alluvial gold. The company is developing deposits in Amur region. In particular, the gold is extracted at the Bom River and the Dugda River. Sand washing will begin in late May. In 2020, the company extracted 84.5 kg…
Goldregion LLC, developing alluvial gold deposits in Amur region, intends to extract 80 kg of gold this year. The company owns a license to develop the Malaya Gelenka deposit and is prospecting at the Asmakan site. Sand washing will start in late May – early June. Last year, the company extracted 77 kg of gold.…
In 2020, VTB provided 2.5 billion rubles to gold extractors of Yakutia, up by 2% YoY. The volume of precious metals bought in Yakutia grew by 9%, to over 4 tons, including 3.7 tons of gold (+4%) and 0.3 tons of silver (+125%). “In the corona-stricken year of 2020, the prices of gold and other…
Polevaya LLC, developing alluvial gold deposits in Magadan region, intends to extract 400 kg this year. The company will process 1.9 million cubic meters of sand. The alluvial season will start on May 15. Last year, the company extracted 380 kg of gold. (Ukrainian metal)
In January, Russia produced 18.92 tons of gold, down by 1 ton YoY. Ore gold output amounted to 15.56 tons, down from 16.12 tons. Amur region demonstrated the largest drop – by 45.9%. Krasnoyarsk region increased output by 6%, to 3.8 tons, and Chukotka by 13%, to 1.8 tons. Magadan region decreased output by 3.2%,…
Uzbekistan has discovered a new deposit with 133 tons of gold reserves, the State Committee for Geology and Mineral Resources reports. According to Asror Rustamov, head of department at the Committee, several new deposits were registered throughout the republic in 2020. Among them, the Chukurkuduk deposit with 133 tons of gold. Another deposit with estimated…
Uzbekistan has sold 687 tons of gold over the past decade, the Central Bank reports. Some 100 tons of gold were exported in 2020. The lowest amount of gold (10 tons) was sold in 2012, with the maximum amount in 2019 (110 tons). Gold prices have also changed during this period. While an ounce of…
This year, Zheltuginskaya Mining and Ore Company LLC, a part of Kurilgeo LLC, will invest 2.251 billion rubles in the development of the Klyuchevskoye gold deposit tailings in Zabaikalye region. Capital expenditures will amount to 2.111 billion rubles, with the rest to be spent on operational and financial activities. The company has started carrying out…