In January-September Trevozhnoye Zarevo, developing the Asachinskoye deposits in Kamchatka, extracted 920 kg of gold and 2.8 tons of silver. Gold output grew by 16.5% YoY and that of silver – more than 2-fold. In January-September 2017 the output was 790 kg of gold and 1.4 tons of silver. This year the company intends to…
Russian gold producer Polymetal International has agreed to sell the Kapan gold ore field in Armenia to Chaarat Gold, which mines gold in Kyrgyzstan, for $55 million, Polymetal said in a statement on October 30. “Polymetal International Plc has signed a legally binding agreement with Chaarat Gold Holdings Limited to sell the Kapan mine in…
Since the start of the commissioning of the gold-extracting factory at the Ozernovsky Mining and Processing Works, Siberian Mining and Metallurgical Alliance (SiGMA) has yielded 87 kg of gold. The lesser line with the capacity of 60 thousand tons of ore per year was commissioned in June. In the first year of operation it is…
Turkey’s Tasyapi company and the State Committee of Uzbekistan for Geology and Mineral Resources have signed an agreement on the development of two gold deposits in the Samarkand region. In accordance with the agreement, the parties will organize joint exploration and development of the Galabulak and Kushtepa fields. During four months, the Turkish company will…
On October 22 Polyus Aldan reached the highest level of gold output in the past several decades. Since the start of the year it has extracted 5 tons of gold. “In Q3 gold output grew by 13% QoQ, due to the increase of ore processing”, the company managing director Alexei Noskov said. (Ukrainian metal)
In January-September gold output at Seligdar grew by 23% YoY, to 4188 kg. Alluvial gold, extracted at Sininda-1, accounted for 76 kg. Nizhneyakokitsky Plant mined 1910 kg of gold, up by 6% YoY. Rock excavation increased by 14%, to 15 million cubic meters. Ore mining grew by 82%, to 9 million tons. By the end…
In October Kinross Gold received the first Dore ingot of ore mined at the Moroshka deposits in Chukotka. The ore was processed at the Kupol mine. The company will be developing the site in 2019-2020. It intends to extract some 3.4 tons of gold per year at Moroshka. The Moroshka reserves are estimated at 6.86…
In January-September Kamchatka yielded 3986 kg of gold, down by 20% YoY. Alluvial gold accounted for the mere 6 kg, down by 80%. This year only one enterprise washed alluvial gold – Vector Plus team LLC. Silver output grew by 12.2% YoY, to 12.5 tons. Last year the region obtained 6682 kg of gold and…
