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Tag Archives: gold

Russia: gold mining starts at Polyanka deposit

goldBy admin16.09.2019Leave a comment

NGK Resurs has commissioned the Polyanka deposit. Some 600 employees have been hired. The company intends to produce around 1.5 tons of gold per year. Until autumn in test mode the company has obtained 330 kg of gold. During the first stage of the project, which is scheduled to last till 2025, the investor will…

Russia: Dict gold output plan 94% fulfilled

goldBy admin16.09.2019Leave a comment

Dict LLC, developing alluvial gold sites in the Bolshoy Orel River valley in Amur region, intends to obtain 50-55 kg. So far the company has extracted 47 kg of gold. In 2018 gold output totaled 41.3 kg. The company started the washing season in early May and intends to finish it in late October. (Ukrainian…

Russia: gold output up in Khabarovsk region in January-August 2019

gold, silverBy admin16.09.2019Leave a comment

In January-August Khabarovsk region obtained 16.645 tons of gold, up by 1.4% YoY. Ore gold accounted for 13.294 tons. Alluvial gold output totaled 3.351 tons. In August gold manufacture decreased by 18% MoM, to 743 kg. Silver output in 8 months fell by 17.3%, to 31.161 tons. (Ukrainian metal)

Russia: Kumroch among Kamchatka largest gold deposits

gold, silverBy admin13.09.2019Leave a comment

Zoloto Kamchatki has received the results of the independent estimate of the Kumroch gold deposit reserves. SRK Consulting estimated I&I reserves at 6.9 million tons of ore, containing 71.8 tons of gold and 107 tons of silver. Indicated reserves are 4.1 million tons of ore with the average gold content of 10.93 g per ton…

Armenia: opposition MP wants ad hoc committee to look into Lydian’s spending report

goldBy admin13.09.2019Leave a comment

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.…

Russia: Chukotka gold output down in January-August 2019

gold, silverBy admin12.09.2019Leave a comment

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)

Kyrgyzstan: Kumtor reserves estimated at 104 tons of gold

goldBy admin12.09.2019Leave a comment

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…

Russia: Amur region gold output up in January-August 2019

goldBy admin12.09.2019Leave a comment

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…

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