Gold

HGM’s shareholders approve purchase pf Chukptka’s assets and dividends by shares

The shareholders of British Highland Gold Mining (HGM), which produces gold in Russia, have approved acquisition of 100% in three companies owning gold mining his  partners, as it follows from

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Polyus's Natalkinsky GOK to receive preferences

The Natalkinsky GOK of the company Polyus was included in the register of regional investment projects in Kolyma to obtain investor preferences, the Governor of the Magadan Region Vladimir Pechenyi

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At the St. Petersburg Economic Forum the head of Kolyma speaks about the growth of investment and gold mining.

At the SPIEF the Governor of the Magadan Region, Vladimir Pecheniy, stated that in Q1 2018 the volume of private investment in the region's economy amounted to 11 billion roubles.

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In Q1, Nordgold reduced gold production by 6%

In the first quarter of 2018, Nordgold of Alexei Mordashov reduced the total production of gold in Russia and abroad by 6% to 225.1 thousand ounces (7 tons), the company reports.

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Nera to pay 14 mln rubles for site in Yakutia with resources of 100 kg of gold

Nera has been recognized as the winner of auction for the development of the subsoil of the Lokus brook (with the West tributary) in the Republic of Sakha (Yakutia), held on May 15, 2018.

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In Q1, Nordgold’s revenue grew by 2%

In the first quarter of 2018, Nordgold reduced volume of refined gold production by 6% in the annual comparison and by 10% in the quarterly comparison to 225.1 thousand ounces of gold equivalent.

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In 2017, 485 kg of gold equivalent produced at Khakanjinskoye

In 2017, mining company of the Khabarovsk region Khakanjinskoye mined 105 thousand tons of ore that is 485.1 kg in gold equivalent, the company informed.

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Since the beginning of this year, Amur Zoloto produced 253.5 kg of gold equivalent

Amur Zoloto, which carries out production of precious metals in the Ayano‐Maysky district of the Khabarovsk region, produced 253.5 kg of gold equivalent in the first four months of 2018.

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