Nord Gold

Nordgold starts geological exploration campaign at deposits in Yakutia

This year, gold mining company Neryungri-Metallic (part of Nordgold), which develops the Tabornoye, Gross, Tyomnoye deposits in the Republic of Sakha (Yakutia), plans to focus on geological explora

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6.5% decrease in gold production in the Amur Region since the beginning of the year.

Within three months the region received less than 4 tons of precious metal.

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Gold mining in Russia in 2018.

By the end of 2018 Russian enterprises produced 331.8 tons of gold mined and received as a result of by-production, including processing of scrap and wastes, as well as in concentrates - approximat

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In 2018, Buryatzoloto increased investments by 3%

In 2018, investments of Nordgold’s gold mining division in the Republic of Buryatia Buryatzoloto amounted to 1.74 billion rubles, which is by 3% more than in 2017.

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In 2019, Nordgold to invest less than $145 mln in Burkina Faso

In 2019, Nordgold of Alexei Mordashov plans to keep investment in assets in Burkina Faso at the level of last year, the company reports.

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Last year, Nordgold reduced its net profit by 45%

In 2018, international company Nordgold earned $1143.2 million, which is by 6% less than in the same period in 2017. The net profit decreased by 45 % to $91.9 million.

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Nordgold postpones the launch of the mine in the Irkutsk Region.

Previously the company announced the start of production in 2022.

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Nordgold reduces gold production by 6% in 2018.

Following the results of 2018 Nordgold of businessman Aleksey Mordashov reduced total gold production in Russia and abroad by 6% to 907 thousand ounces (28.2 tons), according to the lower limit of

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Nordgold invests over 2 billion roubles into Tabornoye in Yakutia.

Most of the funds will go to the development of mining and capital works in order to increase production volumes.

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In January-February Chukotka reduces the extraction of gold by 6%.

Currently, only indigenous precious metals continue to be mined in the region.

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