As of September 24, Voctoc-2 miners team, developing alluvial gold sites in Sakhalin region, has extracted 26 kg of the precious metal. The annual output plan is 67 kg of gold. Gold content in the sand at the license site at the Kuzkin Brook has not been confirmed. Moreover, the company was not able to…
Investors of Makmal have transferred 5 million soms to Toguz-Toro District Development Fund, Kyrgyzaltyn reported. The final version of the agreement between Makmal Gold Company LLC and the population of Toguz-Toro district was signed in early August. According to its conditions, the investor had to transfer 5 million soms to the Development Fund. In addition,…
In 2019 Zoloto Kerbi LLC intends to extract some 350 kg of gold. This year the company is developing two alluvial gold deposits in the Salauli and Kerbi River valleys in Khabarovsk region. The washing season traditionally started in May. So far the company has extracted 280 kg of gold. Thus, the output plan has…
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)
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…
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…
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…
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…