Russia: silver output down in Q1 2019

In January-March silver output in Russia decrease by 10.9% YoY, to 223.28 tons. The drop is due to the decrease of secondary silver deliveries to refining works – by 34%, to 47.93 tons. At the same time silver extraction remained almost on the previous level – 99.2 tons. Output of accompanying silver did not change…

Russia: Chukotka silver output down in Q1 2019

In January-March, Chukotka Autonomous District extracted 5315 kg of gold, almost unchanged YoY. Silver output dropped by 6.6%, to 25.6 tons. At present 5 enterprises are mining gold in the region: Chukotka Mining and Geological Company, Severnoye Zoloto LLC, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunistiy LLC. Alluvial gold extraction will last from May till…

Tajikistan: Pakrut to increase gold output

The Ministry of Industry and New Technologies is calling on the Tajik-Iranian gold-extracting company Pakrut to increase output and processing. Since 2014 Pakrut has been fully owned by China Nonferrous Metal International Mining Co., Ltd. The first gold ingots were produced in early 2017. The same year the Pakrut mine was damaged by snow avalanches.…

Russia: gold and silver output up in 2018

In 2018 Russia produced 314.42 tons of gold and 1119.5 tons of silver, up by 4.2% and by 7.2% YoY respectively.

Most of the gold produced is purchased by the Central bank.

Last year it bought 8.8 million ounces of gold (273.7 tons). (Ukrainian metal)

Kazakhstan: gold production up in January 2019

Production of unwrought gold and semi-processed gold or in powder form reached 6,308 kg in January, up by 0.7% YoY, Statistics Committee of the National Economy Ministry reports.

In the accounting period the output of unwrought and semi-processed silver or in the powder form made 57,145 kg, down by 4.1%. (Kazinform/Ukrainian metal)

Ukraine: gold and silver output down in 2018

In 2018 Ukraine decreased the output of semi-wrought gold by 61.5% YoY, to 5 kg.

Unwrought silver (or powder) output also decreased – by 32.4%, to 1527 kg.

Semi-wrought silver manufacture fell by 50.2%, to 495 kg. (Ukrainian metal)