Since the start of the year Seligdar has produced 5512 kg of gold, up by 27.7%, or by 11194 kg YoY. In July for the first time the company produced over 1000 kg of gold in one month. The increase in output is the result of investments in increasing manufacturing capacities. In July 2017 Seligdar…
The gold-extracting company the Krivbass Team LCC has finished the washing season of 2018 with 602 kg of gold. The main company accounted for the most gold – 558 kg. The rest (44 kg) was extracted by the daughter company – The team named after Berzin LLC. The company is developing alluvial gold sites in…
Dzhumadilde uulu Muradil has been elected a member of the board – Deputy Chairman of the Board of Kyrgyzaltyn OJSC for Economics, Finance and Investments, press service of the company reported. The decision was made by the Board of Directors on the basis of a recommendation from the State Committee on Industry, Energy and Subsoil…
This season Sakhalin has extracted 63 kg of alluvial gold. The only team operating at the sites is Vostoc-2. This year the goal was 70 kg of gold. Because of the low gold content in the sand the team failed to reach the goal. Last year Vostoc-2 yielded 64 kg of gold. Next year the…
Khiagda has received new KamAZ shift automobiles. They will be used to transport employees from the settlement to the industrial objects and deposits. To carry out repair works at pipelines, assemble and disassemble pumps and for loading and unloading the company has bought an Ivanovets truck crane. Next year Khiagda will continue replacing its old…
Gran LLC, the gold-extracting company from Magadan region, intends to have increased alluvial gold extraction to 500 kg by 2020. In the 2018 season the company obtained 300 kg of gold. Last year the output was 281.1 kg. This year the company has commissioned a processing complex with the daily capacity of 1.5-2 thousand cubic…
Kyrgyzstan’s annual demand for gold is 5 tons, the head of the Fiscal Policy Department of the Ministry of Economy Kuban Aidaraliev announced. According to him, the National Bank buys 2.5 tons annually, while jewelers import other 2.5 tons. “Having own gold reserves, Kyrgyzstan is forced to import pure gold. Our jewelers have to pay…
Kyrgyzstan increases tax rates on the export of gold ore and concentrates, the head of the Fiscal Policy Department of the Ministry of Economy Kuban Aidaraliev declared. According to him, Article 221 of the Tax Code is amended. Now the price of gold ore and concentrate is determined separately from gold alloy and fine gold.…