In January-October Chukotka extracted over 20 tons of gold. Two new gold-bearing deposits – Klen and Kekura – will soon be commissioned. Chukotka Mining and Geological Company was the leader among 5 gold-extracting companies of the region. This year the Kupol deposit yielded over 9 tons of gold, up by a ton YoY. 80 tons…
In January-September Kumtor Gold Company produced 451,679 ounces or 14,048.8 kg of gold and contributed more than 10.79 billion soms in taxes and mandatory payments. Kumtor produced 150,305 ounces or 4675.01 kg of gold in the third quarter compared to 122,445 ounces or 3,808.47 kg of gold in the same prior year period. The increase…
Head of Centerra Gold is expected to visit Kyrgyzstan at the end of November. The government will discuss with him payment of dividends, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev has announced at a meeting of the Parliament. According to him, the strategic agreement on Kumtor has entered into force. It was signed back in…
Since the start of the washing season Vitim, developing alluvial sites in Irkutsk region, has extracted 2,693 kg of gold, down by 4% YoY. The operation at the sites will traditionally end in November. This year the company intends to extract 2,800 kg of gold. In 2018 the output totaled 2,936 kg of gold. (Ukrainian…
In January-September the net profit of Ksenievskiy Priisk totaled 1.103 billion rubles, up by 197.4% YoY. Revenue grew 2-fold, to 3.751 billion rubles. Sales profit went up by 146.9%, to 1.568 billion rubles. As of October 1 the company has extracted 1334 kg of gold, up by 23 kg YoY. The debt totaled 386.434 million…
In January-October Druza LLC produced 988.5 kg of gold at its deposits in Irkutsk region, up by 15% YoY. Alluvial gold output totaled 3.2 kg, down from 98.6 kg last year. Ore gold output grew by 30%. This year the company intended to extract 960 kg of gold. So far, the manufacturing plan has been…
Since the start of the season in May the Mezhsopochniy site of the Nizhneyakokitskiy Mining and Processing Works has extracted 840 kg of gold, up by 350 kg from the target. This year the enterprise has implemented the solution re-circulation scheme, enabling it to additionally produce 25 kg of gold from the earlier processed ore.…
Since the start of the washing season Zoloto Kerbi LLC has exceeded gold output plan for this year by 15%. The company has obtained 415 kg of gold. This year the company intended to yield 350 kg. The washing season had to be over on October 15, but due to favorable weather, it was decided…