Russia mineral extraction

Alliance Altyn starts mining ore of Jeruy

Alliance Altyn (part of Russian Platinum group of companies) has started ore production at the Jeruy deposit in the Republic of Kyrgyzstan, the company reports.

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Amur produces 22.529 tons of gold in first 10 months of 2018

Following the results of January-October this year, 22,529.1 kg of ore and alluvial gold were mined in the Amur Region, which is 12.3% more than in the same period in 2018.

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20.9 tons of gold are mined at Chukotka within ten months.

Thanks to enterprises developing ore deposits of precious metals, the region managed to maintain the volume of gold production at the level of 2018.

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Nordgold increases gold production by 12% within 9 months.

In January-September 2019 Nordgold of businessman Aleksey Mordashov increased total gold production in Russia and abroad by 12% - to 759.6 thousand ounces (23.6 tons) compared to the same period la

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Polymetal plans to create joint venture with investor for Veduga

Polymetal Int plans to create a joint venture with an investor for development of the Veduga gold deposit in the Krasnoyarsk region, as it follows from the company’s presentation.

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In the first nine months, net profit of Ksenievsky Priisk grew 3 times

In January-September 2019, the net profit of Ksenievsky Priisk amounted to 1.103 billion rubles. In comparison with the same period last year, the indicator increased by 197.4%.

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Polymetal increases reserves of Kyzyl by 18% to 264.4 tons of gold

Polymetal Int (combines assets of Polymetal) has increased ore reserves of the Kyzyl project in Kazakhstan by 18% to 8.5 million ounces (264.4 tons) of gold in accordance with JORC (2012), the comp

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In the first months, Irkutsk region produced 21.6 tons of gold

In January-October this year, subsoil users that developed gold deposits in the Irkutsk region received 21 588.5 kg of precious metal.

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Korshunovsky GOK renews its car fleet

Korshunovsky GOK (part of Mechel Group) commissioned 4 dump trucks. The new equipment has already transported more than 1.1 million tonnes of rock mass.

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Russian Government to hold an auction for a site of Volkovskoye deposit

Svyatogor company, part of UGMK, has asked the Russian Government to hold an auction for a site of the Volkovskoye deposit of vanadium-iron-copper ores, which is the largest in the Urals.

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