Russia: Polyus Aldan gold output up in 2019
Polyus Aldan has extracted 5 tons of gold. This year the milestone was reached on September 20, a month earlier than in 2018. The output increased by 14% YoY. (Ukrainian metal)
Russia: Trans-Siberian Gold revenue up in H1 2019
In January-June Trans-Siberian Gold Plc, developing the Asachinskoye gold deposit in Kamchatka, increased its revenue by 8.7% YoY, to $30 million. Gold sales grew by 7.8%, to 22.1 thousand ounces and silver – by 125%, to 69.3 thousand ounces. Capital investments dropped 2.4-fold, to $3.9 million. Profit increased 2.3-fold, to $6.1 million. As of June…
Russia: Novaya miners team exceeds gold output plan
As of September 19, the Novaya miners team LLC, operating in the Republic of Sakha, Yakutia, has extracted 220 kg of gold. The company quota for the year is 150 kg. Operation at the main license site – Nizhnyaya Amunakta – started in late May. In 2018 the company extracted 224 kg of gold. (Ukrainian…
Russia: Drazhnik reaches output target for 2019
Drazhnik LLC, operating at alluvial gold sites in Magadan region, has extracted 1312.2 kg of gold. As of September 12, the current season output plan has been 99% fulfilled. This year the company started operating earlier than usual – on March 25, even though usually the company starts operating in late April. The company is…
Russia: Magadan region gold output up in January – mid-September 2019
Since the start of the year and as of mid-September Magadan region extracted 30.2 tons of gold, up by 23.1% YoY. Ore gold accounted for 17.75 tons, up by 43.8%. Alluvial gold extraction reached 12.44 tons, up by 2%. This year 3.49 tons of alluvial gold more are needed to be extracted. Silver output totaled…
Azerbaijan: gold and silver production up in January-August 2019
Mining holds the largest share in the industrial production in Azerbaijan. Mining of precious metals such as gold and silver is increasing in volume. Thus, gold mining amounted to 2,405 kg in January-August, up by 7.2% YoY, the State Statistics Committee stated. In August alone 344.8 kg of gold was mined in Azerbaijan and transferred…
Russia: Nikolayevsk ADT starts mining gold
The gold-bearing deposit Polyanka, situated in the Nikolayevsk Advanced Development Territory, has been put into operation. NGK Resurs will be mining and processing some 1.5 million tons of gold-bearing ore per year. The resources of the deposit amount to 100 tons of gold. Until 2025 the investor plans to mine 7.7 tons of gold and…
Russia: gold output up in January-August 2019
In January-August Russia increased gold output by 21.8% YoY. According to the Rosstat, in August output grew by 23.4% YoY and by 19.7% MoM. The statistics service does not disclose detailed information on gold output. (Ukrainian metal)
