Gold

Gazprombank receives 15% of authorized capital of Pavlik

Gazprombank and Pavlik (part of Arlan) have signed an agreement on acquisition by the Bank of 15% of the authorized capital of the gold mining company, as it follows from the documentation of the c

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Vysochaishy wins Ergelyakh site in Yakutia

The Tarynskaya business unit of PJSC Vysochaishy (GV Gold), won the auction for geological research, exploration and mining of ore gold in the prospective area Ergelyakh, the company said.

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Polyus Aldan produces 1 ton of gold at the Kuranakh ZIF.

Gold mining company JSC Polyus Aldan, which is developing the Kuranakh group of deposits in the Republic of Sakha (Yakutia), received 1 ton of gold by March 3, 2019.

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Vysochaishiy wins the Ergeli site in Yakutia.

The Taryn business unit of PJSC "Vysochaishy" (GV Gold), won the auction for geological research, exploration and mining of ore gold in the prospective area Ergeli, the company informs.

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Union of Gold Producers: In 2018, Russia increased gold production by 4%

In 2018, Russian enterprises produced 331.8 tons of gold, mined and obtained as a result of associated production, including processing of scrap metal and waste, as well as in concentrates, this is

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Gazprombank buys 15% of the "Pavlik" gold company.

Gazprombank acquired a 15% stake in the Pavlik gold company, the credit institution informs.

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Polymetal expects Kyzyl EBITDA margin of 60% in 2019.

Polymetal Int (combines the assets of JSC Polymetal) plans to obtain over 60% of EBITDA margin on the Kyzyl project in Kazakhstan by the end of 2019, Maksim Nazimok, the Deputy Director for Finance

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Norilsk Nickel wants to conduct IPO of Bystrinsky GOK by 2020

Norilsk Nickel expects to develop the parameters of  the IPO of the Bystrinsky project in the Trans-Baikal region by the end of 2019.

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Fitch expects 302.3 tons of gold in Russia in 2019.

In 2019 gold production in Russia will increase by 4% to 9.72 million ounces (302.3 tons) compared with a year earlier, and then the average annual growth will be 3.5% - to 13.18 million ounces ( 4

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