Opposition MP Sergey Bagratyan from the Prosperous Armenia (BHK) party suggests setting up an ad hoc committee to validate the report issued by Lydian Armenia, the gold developing company that seeks to resume operations at the Amulsar mine. “The figures in Amulsar operating Lydian Armenia’s reports, according to estimates of our experts, are highly exaggerated.…
In January-August Chukotka Autonomous District produced 16.21 tons of gold, down by 1% YoY. In particular, 14.43 tons of ore gold and 1.78 tons of alluvial gold were obtained. Silver output remained almost unchanged at 74.91 tons. Ore gold is mined by 5 companies in the region and alluvial gold by 7 companies. (Ukrainian metal)
The Kumtor deposit still possesses over 104 tons of gold. Since 1997 some 384.3 tons of gold have been extracted at the deposit. “Now the total volume of gold reserves is 104.345 tons”, declared the chairman of the State Committee on Industry, Energy and Subsoil Use Emil Osmonbetov. According to Kyrgyzaltyn chairman Almaz Alimbekov, the…
In January-August Amur region extracted 16.36 tons of gold, up by 7.6% YoY. In particular, ore gold accounted for 11.254 tons and alluvial gold – 5.109 tons. Ore gold output grew by 16%. The growth was mostly due to two Petropavlovsk mines – Albyn and Malomyr. The former produced 3.447 tons of gold, up by…
The head of the State Service on Geology and Subsoil Oleg Kirilyuk has signed an order to grant Lira Mine Minerals LLC a special license to mine gold in the Kirovograd region. The license grants the company rights to develop the Klintsy deposit (Central and Gubovsky sites) for 15 years. Lira Mine Minerals LLC was…
In January-June Russia extracted 142.223 tons of gold, up by 11.41% YoY. The growth is due to the Natalkinskiy Mining and Processing Works in Magadan region reaching its design capacity. Petropavlovsk has commissioned its autoclave manufacture and until the end of the year intends to get 15.5 tons of gold. Russia is expected to produce…
During the current washing season the Olbot gold-extracting team LLC intends to extract at least 100 kg of gold. The company is washing for gold on the territory of Susuman district of Magadan region in the valleys of the Bolshoy Khatynakh and Sabygyl-Stanovoy brooks. Olbot started its washing season in May. This year the gold…
Prime Minister Nikol Pashinyan said the operation of the Amulsar gold mine might start in Q4 2020 at the earliest, but that the most likely time frame was the first quarter of 2021. Pashinyan in a live Facebook address urged the residents of nearby settlements to unblock the roads leading to the mine. The Prime…