Gold

Kazakhstan produces more gold

In January-August 2018, Kazakhstan produced the main precious and non-ferrous metals to the amount of 1.8 trillion tenges, the Ls reports.

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Subsoil users of the Magadan Region extract 24,528.7 kg of gold.

As of September 1 subsoil users of the Magadan Region extracted 24,528.7 kg of gold.

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586.5 kg of gold are mined in Buryatia according to the results of August.

The total volume of extraction of precious metal for eight months of the year amounted to more than 3.5 tons.

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In 2019 Nordgold to reach positive FCF.

In 2019 Nordgold of Aleksey Mordashov intends to reach positive values of the free cash flow indicator (FCF), the company's CEO Nikolai Zelenskiy stated in an interview with RIA Novosti.

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Pavlik concludes contract with Gazprombank

Pavlik (part of Arlan), which develops reserves of a deposit of the same name in Kolyma, concluded a number of agreements with Gazprombank on September 17.

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Gazprom studies mechanism of payments for gas with gold-linking

Gazprom export is studying the mechanism of payments for gas in national currencies linked to the price of gold, Artem Aksenov, the head of the general contract economy department of Gazprom Export

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Russian Ministry of Industry and Trade estimates amount of foreign investments in Klyuchevskoye deposit

China National Gold will invest about $420 million in development of the Klyuchevskoye gold deposit in the Trans-Baikal region, another $ 65 million will be invested by Indian SUN Gold, the volume

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Polymetal increased its net profit by 32% against the background of growth in production in H1

In the first six months of 2018, Polymetal International made the adjusted net profit in the amount of $155 million against $117 million in the same period of 2017, the producer of gold, silver and

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Kyrgyzstan stopped developing Makmal because of its unprofitability

Gold mining at one of the largest deposits in Kyrgyzstan Makmal has been completely stopped because of depletion of its raw material base, press secretary of Kyrgyzaltyn Tolkun Kamchybekova reporte

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The Khabarovsk Region expects gold production to grow by 3.5%.

This year the mining industry of the Khabarovsk Region can set a new historical record for the extraction of precious and non-ferrous metals, the regional government reports.

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