It is proposed to introduce a moratorium on alluvial gold mining in Kyrgyzstan, the expert, co-founder of Chatkal Development Fund, Gamal Soronkulov, declared. According to him, the extraction of alluvial gold causes serious damage to the environment. “Since 2004, we have been fighting with alluvial gold mining companies. None can prove that they benefit, none…
This year Gerba LLC, a part of Susumanzoloto, extracted 91.7 kg of alluvial gold with the target at 150 kg. Last year the enterprise yielded 159.2 kg of gold, thus the output this year dropped by 42.4% YoY. The reason of such a decrease is not disclosed. Consolidated gold output at Susumanzoloto group in January-November…
Kazakhstan’s production of unwrought gold, semi-worked gold or gold in powder form reached 88,491 kg in January-November showing an increase of 14.1% as compared to the same period of 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period production of unwrought silver, semi-worked silver or silver in powder…
Goldregion LLC, developing alluvial gold deposits in Amur region, this year has extracted 64 kg of the precious metal, down by 20% from the target. This year the company has been traditionally washing gold-bearing sands at the Malaya Gelenka Brook. Due to the violations of the environment legislation the operation of the company was suspended…
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)