Russia: Daksib gold output down

As of October 1, the Daksib LLC alluvial gold output in Irkutsk region totaled 160.6 kg, down by 26.3% YoY. As of October 1, 2017 the company washed 217.9 kg of gold. Last year the output totaled 232.6 kg. This year the company intends to extract 265 kg of gold. Daksib owns 4 licenses in…

Russia: Polyus gold output up in Q3 2018

The gold production of Russia’s Polyus increased by 15% QoQ, to 691,200 ounces in July-September, the company said in a statement on October 16. In January-September the output rose by 14% YoY, to 1.8 million ounces. Sales amounted to $2.112 billion at the average price of $1.275 per ounce. (Prime/Ukrainian metal)