Government of Kyrgyzstan is interested in the operation of Kumtor, the President Sooronbai Jeenbekov told at a press conference. He noted that Kumtor took an important place in the country’s economy. “We, of course, are not afraid to sue, denounce and raise the issue of the nationalization of Kumtor. But this is not a solution.…
Manson Group Company has won the competition to create a joint venture on the basis of the branch of Makmalzoloto industrial combine, press service of Kyrgyzaltyn OJSC reported. According to it, applications were submitted by three companies – Manson Group, Shynkykiyuan Frunze and Central Asian Metallcom companies. All of them suggested creating a joint venture…
The South-Caucasus Railroad and GPMGold have signed an agreement to organize gold-bearing ore transportation from the Sotskoye deposit to Ararat Gold-Extracting Factory. According to the document, the volume of ore to be transported over 269 km is 1.5 million tons, up by 10% YoY. Last year 1.18 million tons of ore were transported. Since 2008…
In 2018 Yakutia is expected to extract 26 tons of gold, up by 1.2 tons YoY. Last year the output was 24.788 tons. By 2024 the local government expects to have entered the top-3 regions in Russia in gold output. (Ukrainian metal)
In 2018 Rosszoloto LLC extracted 677.3 kg of gold, up by 31.8% YoY. The company is developing alluvial gold deposits in Amur region. The increase in the output began in 2016. While that year the enterprise washed 313 kg of gold, in 2017 the result was 514 kg. The company founded in 2003 has 10…
In January-November Chukotka Autonomous District extracted 21.735 tons of gold and 100 tons of silver. 5 companies were mining for gold. Kupol deposit yielded 9033 kg of gold and 88269 kg of silver. Alluvial gold output grew by 256 kg, to 2583 kg. (Ukrainian metal)
In November Khabarovsk region yielded 1658 kg of gold, down by 1.3% YoY, including 1607.1 kg of ore gold and 50.9 kg of alluvial gold. Since the start of the year gold output has grown by 6.9%, to 23119 kg, including 18997 kg of ore gold and 4122 kg of alluvial gold. Silver output in…
In 2018 Koboldo has extracted 450.9 kg of alluvial gold. The company is developing deposits in Amur region. The output is down by 13% YoY. In 2017 the output was 517.9 kg of gold. (Ukrainian metal)