Since the start of the washing season, the Novaya miners team has extracted 75 kg of gold. The company plan for this year is 75 kg. At present the company is carrying out additional prospecting works at the Tangrak site, the license for which was acquired last December. The company also intends to commission a…
In 2 months the Baldja miners team from Zabaikalye region has extracted 330 kg of alluvial gold. Last year the output in the corresponding period was 300 kg. This year the company is operating at 4 sites: Khamara, Khaylastun, Bayan-Zurga and Baldja. Alluvial season for the company started in May. The output target for the…
Vostoc-2 miners team, the only alluvial gold extractor in Sakhalin region, in the first two months of the washing season has obtained 10 kg of the precious metal, down 2-fold YoY. The decrease in the output is due to the lack of bulldozer engineers at the start of the season. In July the team plans…
VTB has provided Rise LLC (Magadan region) with a loan of 850 million rubles to finance the company operation during the current gold-extracting season. The loan has been provided for 1 year. This year VTB intends to purchase 850 kg of gold from Rise. The company, founded in 2003, since 2005 has been extracting alluvial…
Since 2016 Svetloye LLC, a part of Polymetal, has produced 10 tons of gold at the Svetloye deposit in Khabarovsk region. Gold is obtained by ways of heap leaching. Last year output increased by 28% YoY, to 4.2 tons. In Q1 2019 the company extracted 286 kg of gold, up by 10%. The deposit was…
The Ministry of Industry and New Technologies of Tajikistan has reported a significant increase in the production of precious metals in the country since the beginning of 2019. According to the source, the gold production in January-May increased by 60.8% YoY. At the same time, silver production increased by 37.6%. However, the ministry and other…
Bishkek hosted a forum of suppliers of goods and services for mining industry. Instead of standard speeches and statements, it was held in an exhibition format so that suppliers and customers can find a common language. “We are often approached by suppliers of goods and services in various sectors of the economy, especially in subsoil…
In January-May the Republic of Buryatia mined 1192.34 kg of ore gold, down by 16.7% YoY. 3 companies mine ore gold in the republic – Buryatzoloto, a part of Nordgold, Zapadnaya and Sininda 1 LLC (a part of Seligdar). There is no information on alluvial gold output, as the washing season starts in April-June depending…
