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…
The Far Eastern District Department on Subsoil Use (Dalnedra) has announced three auctions to prospect for gold in the Republic of Buryatia, Primorye region and Chukotka Autonomous District. Work at each site must be carried in three stages until the end of 2023. The combined cost of the auctions is 853.05 million rubles. The first…
This year, Dikt LLC intends to extract around 100 kg of gold at the Bolshoy Orel site in Amur region. Preparation work began on March 10. Alluvial season will start until May 1. Some 30 employees will work at the site with 9 bulldozers and 3 excavators. Last year, the output was 100 kg of…
Official launch of a gold processing plant took place at Jerooy mine on March 17. The Presidents of Kyrgyzstan Sadyr Japarov and Russia Vladimir Putin, as well as the head of the Alliance Group Musa Bazhaev and the Chairman of the Board of VTB Bank Andrey Kostin participated in the ceremony. The leader of Russia…
In January-February, Magadan region extracted 4.7 tons of gold, up by 0.4 tons YoY. Silver output amounted to 92.2 tons. Alluvial season will begin in late April. Tenkinskiy city district yielded the most gold – 3.4 tons, while Omsukchansk district – 86.5 tons of silver. (Ukrainian metal)
In January, Russia, according to preliminary data of the Federal Customs Service, exported 13.7 tons of gold valued at $812 million, up by 48% YoY, but down by 38% MoM. The main customer was the United Kingdom – 13 tons at $772 million. Last year, gold exports amounted to 320.2 tons, up 2.6-fold YoY. (Ukrainian…
In 2020, Armenia exported 5670 kg of gold, down by 2.7% YoY. At the same time, according to the Customs Service, revenue grew by 14.3%, to $255.8 million. The main customers were Switzerland (50%), India (30.4%) and UAE (19.4%). Last year, Armenia imported 446.9 kg of gold, down by 82.2%, valued at $22.2 million, down…