Gold

Over a year, mining of non-ferrous metal ores in Kazakhstan grew by 11%, production of precious and non-ferrous metals – by 20%

In the first quarter, the mining of non-ferrous metal ores made up 273.3 billion tenges in money, which is by 11% more than in the same period a year earlier.

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364 kg of gold smelted at Yubileiny GOK since the beginning of this year

From January to April 2017 inclusive, Amur Zoloto (part of the Russian Platinum Group) produced 364.2 kg of chemically pure gold and 278.6 kg of silver at its ore deposits.

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Highland Gold Mining obtains two exploration licenses near Mnogovershinnoye

Two license areas located near the Mnogovershinnoye deposit have been received by the British company Highland Gold Mining Limited (HGM).

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Gold production in Russia in January-April 2017 grew by 4.3%

On the results of January-April 2017 Russia increased crude or semi-finished gold production or in the form of powder by 4.3% compared with January-April 2016, Rosstat reports.

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Gold mining in Chukotka not to exceed 26 tons in 2017

Compared with 2016, the volume of gold mining will fall by 11.5%.

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In the first 4 months, Priisk Solovyevsky produced 392 kg of gold

By May 6, all 10 gold dredges of the mine began work, and today the washing is conducted by all the industrial equipment.

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Gold mining in Chukotka made up 7.6 tons in January-April 2017

A serious gold and silver mining fall goes on in the region.

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Net profit of Nordgold fell by 3% to $39.8 mln in Q1

The net profit of Nordgold under IAS in Q1 2017 fell by 3% against Q1 2016 to $39.8 mln, the company reports.
The revenue in Q1 grew by 17% to $293 mln.

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Darasunsky Mine to be closed by decision of managing company

Darasunsky Mine (included in Yuzhuralzoloto Group of Companies) in the Trans-Baikal region will be closed because of loss of the production.

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Vysochayshy to get ready for the IPO by spring 2018

Vysochayshy PSJC (GV Gold) intends to prepare for a possible entering the stock exchange by the spring 2018, CEO of Vysochayshy, G. Pikhoya, said.

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