Gold

In 2018, Petropavlovsk’s net profit under IAS fell by 30.2%

In 2018, Petropavlovsk Plc reduced its net profit under IAS by 30.2% compared to the previous year to $25.929 million, the company reports.

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Rosnedra offers 68 gold sites in Q2 and Q3

The Federal Agency for Subsoil Use Rosnedra has published a list of subsoil plots for which it is planned to hold auctions in the second and third quarters of 2019.

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At the end of 2019 Polymetal to begin opening on Perevalniy in Kolyma.

The deposit will be launched to extend the term of the Dukat hub.

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In January-March Petropavlovsk reduces gold production by 4.4%.

In Q1 2019 Petropavlovsk Plc (The Petropavlovsk Group of Companies) reduced gold production by 4.4% to 107.7 thousand ounces (3.35 tons) compared to the same period in 2018, Petropavlovsk informs i

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In Q1, gold production in Kazakhstan grew by 7.3%

In January-March 2019, the volume of production of untreated and semi-processed gold or gold in the form of powder in Kazakhstan amounted to 22,738 kg, which is by 7.3% more than in the same period

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Almalyk MMC to double copper production by 2026

The Almalyk MMC (AGMK), the monopolistic producer of copper in Uzbekistan, plans to increase copper production by a factor of 2.1 by 2026, the press service of the company reports.

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Polyus increases gold production by 19%.

The company brought Natalka to the design level, which affected the increase in all production indicators.
The gold mining company PJSC Polyus reported on work in Q1 2019.

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Kolyma proposes to license small sites in regions

The Ministry of Natural Resources of the Magadan region expects to receive powers to license small deposits of precious metals, Minister Oleg Kosolapov reported.

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Minsk to resume negotiations on gold production in Sudan

Belarus remains interested in gold mining in the Sudan, will "keep abreast" to resume negotiations after stabilization of situation in the country, the Minister of Natural Resources and E

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1,270 kg of gold produced in Kamchatka in Q1 2019.

In comparison with January-March last year the metal output grew by 2.4%.

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