Geological prospecting

Khabarovsk subsoil users spent 3.8 billion rubles on geological exploration in 2019

The Ministry of Natural Resources of the Khabarovsk region has summed up results of the mining industry in 2019.

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Polymetal increased its gold reserves by 6% in 2019

In 2019, Polymetal Int (which combines assets of Polymetal JSC) increased its ore reserves at its deposits in Russia and abroad by 5% compared to a year earlier to 25.2 million ounces (783.8 tons)

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Rosgeologiya to continue to search for gold and copper in the Far East in 2020

In the field season of 2020, search for gold and copper ore occurrences in the framework of implementation of state contracts concluded with the Department for Subsoil Use in the Far Eastern Federa

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Russian Ministry of Finance is not ready to provide Rosgeologiya with money from National Welfare Fund

Despite repeated requests for state support, the Ministry of Finance strongly opposed providing Rosgeologiya with 65 billion rubles from the National Welfare Fund.

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Kinross to spend $10 million on exploration of Chulbatkan in 2020

The Canadian Kinross Gold Corp plans to invest about $ 10 million in initial exploratory drilling at the Chulbatkan gold deposit in the Khabarovsk region in 2020, and transfer its resources to rese

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Trans-Siberian Gold reduces resources of Asachinskoye field by 40%

On results of the annual resource assessment of the Asachinskoye field (Elizovsky district of Kamchatka region), Trans-Siberian Gold Plc lowered its forecast for gold by 43.4%, for silver - by 48.6

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47 billion rubles invested by subsoil users in geological exploration in 2019

In 2019, subsoil users increased amount of investments in geological exploration by 18% to 47 billion rubles.

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Rosatom starts geological exploration of new uranium deposits near Kurgan

Uranium holding company of Rosatom ARMZ began work on geological exploration of uranium reserves at the Dobrovolnoye deposit in the Zverinogolovsky district of the Kurgan region.

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Kopy Goldfields estimates reserves of Maly Patom at 30 tons of gold

According to a preliminary estimate by Kopy Goldfields AB, reserves of Maly Patom exceed 30 tons of ore gold. The company plans to specify reserves on the C1+C2 categories by the end of 2020.

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Rosgeologiya asks for 10 billion rubles from budget

As the Kommersant has got to know, Rosgeologiya asked the Government to recapitalize 10.3 billion rubles, which it wants to invest in modernization of equipment.

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