Gold output of the Chukotka Autonomous District is falling, governor Roman Kopin said in his letter to president Vladimir Putin asking for higher financing of geological exploration and better mechanisms of licensing of subsoil sites. Kopin said that the gold reserves of the unallocated subsoil reserve fund of the region stood at only 95.2 tons,…
In January-July the Republic of Buryatia extracted 2929.7 kg of gold, up by 7% YoY. Ore gold accounted for 1983.9 kg, up by 4%, while alluvial gold output grew by 13%, to 945.8 kg. Last year the region yielded 5677.9 kg of gold. (Ukrainian metal)
Nordgold has increased its initial gold output forecast for 2018 from 0.95-1 million ounces to 1-1.5 million ounces. The improvement of the forecast is due to the project to construct an underground mining site at the Berezitovoye deposits as well as the commissioning of the Gross mine in Yakutia. The operation at the Berezitovoye will…
In January-July Polyus Magadan produced 2.6 tons of gold and 0.7 tons of silver. The company is developing the reserves of the Natalka gold-ore deposits in Magadan region. The first ton of gold was produced in April. This year the company is expected to obtain at least 5.4 tons of gold. At present the capacity…
In July Pavlik gold-extracting company mined 400 kg of gold at the Pavlik deposits in Magadan region. In January-July output totaled 3700 kg. Till the end of the year the company intends to mine 3300 kg of gold, thus reaching the target of 7 thousand kg of gold. In case the annual target is reached,…
Russian gold producer Polymetal International has shipped the first batch of gold concentrate from the Kyzyl field to China, the company said in a statement on August 20. “Polymetal International is pleased to announce that Kyzyl has shipped first concentrate to China. On August 18 approximately 2,000 tons of gold concentrate were shipped by rail…
The first rock mining and explosive works have been carried out on the territory of the Baranyevskoye deposits. The first ore is expected to be extracted in late 2018, while in 2019-2020 the Aginsky Mining and Processing Works will reach the design capacity. The reserves of the deposits are 30 tons of gold and 20…
As of August 1, Magadan region yielded 18905 kg of gold and 417.4 tons of silver. Gold output increased by 3008.6 kg YoY, with silver output up by 12.7 tons. Tenkinskiy town district was the leader in ore gold output (6678.4 kg), with Susuman town district leading in alluvial gold manufacture (3196.6 kg). Alluvial gold…