In 2019, Priisk Solovievskiy increased net profit by 20.7% YoY, to 2.973 billion rubles. Revenue totaled 10.26 billion rubles, up by 21.4%. Precious metals sales revenue was 10.176 billion rubles. Last year the company extracted 3487 kg of gold. Sales revenue increased by 20.4%, to 3.911 billion rubles. (Ukrainian metal)
Kumtor Gold Company will provide assistance in the amount of $100,000 to Issyk-Kul region of Kyrgyzstan to fight against coronavirus. The money will be used to provide necessary medical means to Issyk-Kul structures and individuals involved in proactive efforts being currently made to prevent the spread of COVID-19 across the region. (24.kg/Ukrainian metal)
In January-February, Khabarovsk region produced 1385.3 kg of gold, up by 4.8% YoY. Only companies developing ore gold deposits are operating at the moment. Alluvial gold extraction will start in May-June. (Ukrainian metal)
Centerra Gold Inc. (the share of Kyrgyzstan is 26.4%) announced payment of dividends for the first time since the second half of 2016, website of Kyrgyzaltyn OJSC said. Dividends will amount to 0.04 Canadian dollars per common share. The total amount of dividends is 11.75 million Canadian dollars, or $8.2 million at the current exchange…
In 2019, Sverdlovsk region extracted 6045 kg of gold. Zoloto Severnogo Urala extracted 3293.5 kg of gold, UGMK – 879.97 kg, Neiva Miners’ Team – 697.9 kg of alluvial gold, Berezovsky Mine LLC – 656.1 kg and Bashkirskaya Gold-Extracting Company – 689.2 kg. Most of the companies decreased output due to the lower gold content…
Gold-extracting companies in Amur region participated in auctions on the sale of 11 alluvial gold deposits on March 18. The Irmakit miners’ team paid 15.29 million rubles for the license to develop a site in the Grebneviy Brook valley with the expected reserves of 329.7 kg of gold. The price paid exceeded the initial price…
In January-February, Magadan region extracted 4.38 tons of gold, down by 4.3% YoY. Only ore gold is extracted at present. Alluvial season will start in April-May. Silver output grew by 0.5%, to 100.3 tons. This year the region intends to extract 595 tons of silver and 46 tons of gold, including 26.41 tons of ore…
In 2019, 5 gold deposits were discovered in the Republic of Sakha (Yakutia) in 2019. The deposit at the Tuora-Tas Brook holds the largest reserves – over 1.3 tons. The license to develop it belongs to Vostoc LLC. Dokhsun LLC estimated the reserves of the deposit at the Kener-Sala Brook at 370 kg. Three more…