Trans-Siberian Gold (TSG) has found a zone of high mineralization some 400 meters to the north of the lode No. 25 at the Asachinskoye deposit in Kamchatka. According to preliminary drilling, the largest gold concentration is 133 g per ton. Investments in the deposit development are estimated at $7.9 million. (Ukrainian metal)
In 2018 Chukotka Autonomous District yielded 24.45 tons of gold, up by 1% YoY. In particular, ore gold output grew by 3%, to 22.1 tons, while that of alluvial gold fell by 9%, to 2.35 tons. Silver extraction remained unchanged – 111.7 tons. (Ukrainian metal)
Svetliy has won an auction to develop the Zorinsky Brook alluvial site in Irkutsk region. The auction was held on December 26, 2019. Three companies participated in the trade – Ugakhan LLC and two Polyus enterprises – Lenzoloto and Svetliy. The final price reached 4.95 million rubles. C1 reserves of the site mount to 114…
Gold production on Chukotka peninsula increased by 1.34% YoY, to 24.452 tons in 2019, the regional government said on January 15. Silver production rose by 0.22%, to 111.677 tons. Ore gold output grew by 2.56%, to 22.097 tons, while alluvial fell by 8.86%, to 2.355 tons. Kinross Gold raised production by 7.38%, to 15.194 tons,…
In 2019 Amur region extracted 26284.4 kg of gold, up by 15.3% YoY. Ore gold accounted for 17627.9 kg, up by 25.4%, while the share of alluvial gold did not change (8656.5 kg). Malomyr mine extracted 5607.3 kg of gold, up 2.3-fold YoY. Albyn mine increased output by 13.2%, to 5317.3 kg, while Pokrovsky mine…
Alexander Nastenko and Vitaliy Yakimenko have become new owners of the Lira Mining Minerals LLC, which has a special license to mine gold ore in Kirovograd region. In September 2019 the State Service of Geology and Subsoil issued a special license No. 6371 to mine for natural resources at the Central and Gubovsky sites of…
Rescue operations to search for two mineworkers, who went missing as a result of a movement of waste rock dumps near Lysii area on December 1, 2019, were stopped. The decision to stop the search operation was made with the consent of the relatives of the missing employees. Kumtor Gold Company said in an official…
Anti-Corruption Service of the State Committee for National Security of Kyrgyzstan revealed facts of systematic thefts at Solton-Sary mine, press center of the state committee reported. According to it, officials were involved in the theft of a gold-bearing industrial product from Solton-Sary gold processing plant. It was found out that company officials were systematically involved…
