Kyrgyz gold producer Alyans Altyn, a part of the Russian Platinum group of companies, will delay the launch of a gold plant at the Jerooy deposit indefinitely due to the riots that started in the country after parliamentary elections, a spokesperson for Russian Platinum reported on October 6. Previously, Alyans Altyn said it suspended works…
Azerbaijan exported precious metals worth $97.5 million in January-July, with Switzerland accounting for the whole volume of export. 4,179 tons of gold and silver were exported to the world markets during the reporting period. The share of gold in the total amount of precious metals export amounted to 2,320 tons worth $96.4 million, while silver…
Production of gold and silver has risen by 16% and by 1%, respectively in Kazakhstan. The country has also reported increases in production of aluminum, copper and lead, thus the production of the base precious and non-ferrous metals amounted for 2.4 trillion tenge in 8 months of 2020. More than half of the total production…
Since the start of the alluvial season, Priisk Dambuki has extracted 200 kg of gold in Amur region. In particular, sites in Zeysk district yielded 90 kg of gold and Tyndinskiy – 110 kg. Compared with the previous year, output grew by 13%. Last year the company extracted 351.2 kg of alluvial gold. (Ukrainian metal)
In January-June, the Sakhalin-based Kurilgeo LLC received a revenue of 1.6 billion rubles from the sales of precious metals, up by 7.4% YoY. The result is due to the 26% increase in average gold price. Profit grew by 67%, to 491 million rubles. In H1, Kurilgeo produced 437 kg of gold, down by 14% YoY.…
In January-July, Russia produced 176.3 tons of gold, down by 4.8% YoY. The share of extracted gold totaled 85%, or 150.1 tons. The rest accounts for secondary metal (16.4 tons) and by-product (9.8 tons), down by 46.8% and by 10.4% YoY respectively. The Far Eastern Federal District produced 94.5 tons of gold, up by 6%,…
In July, Uzbekistan became the largest global gold seller. The country exported 11.6 tons of gold. Mongolia was next with 6.1 tons. Russia and Germany exported 0.5 tons each. Turkey bought the most gold – 19.4 tons, followed by Qatar (3.1 tons), India (2.8 tons), Kazakhstan (1.9 tons) and Ukraine (300 kg). (Ukrainian metal)
Since the start of the season, the miners team Vitim has extracted 1596 kg of gold, down by 13% YoY. This year, the company intends to extract 2500 kg of gold. Last year output was 2819 kg. Vitim owns over 30 licenses and is operating in Irkutsk region. (Ukrainian metal)