Gold

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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Rosgeologiya prepares for field works in Kamchatka

Specialists of North-East industrial and geological association (part of the holding company Rosgeologiya) will begin field work within the Karymshinskoye ore field, located in Kamchatka, in June.<

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A test run of the MMC takes place at the Ozernovsk deposit.

The Ozernovsk gold ore deposit in Kamchatka witnessed the launch of a small line of the Ozernovsk MMC with a capacity of up to 2 tons of gold per year (100,000 tons of ore).

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Rosgeologiya assesses gold mineralization of the Pravomamsky ore field in the Irkutsk region

Irkutskgeofizika (a part of state-owned holding company Rosgeologiya) has estimated inferred resources of gold at the North-Eastern flank of the Pravomamskoye ore field.

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