Nord Gold

Burytzoloto registers licenses for development of Irokinda and Zun-Kholba to its subsidiaries

The Board of Directors of Buryatzoloto (part of Nordgold), which develops the Zun-Kholba and Irokinda deposits in the Republic of Buryatia, has decided to renew licenses for the development of the

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Buryatzoloto’s Board of Directors recommends not to pay dividends

Board of Directors of Buryatzoloto (part of Nordgold) has recommended shareholders at the annual meeting on June 28 not to pay dividends for 2018.

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In 2019, Nordgold to increase investments in Guinea by 15%

In 2019, Nordgold of Alexei Mordashov plans to increase investment in Guinea by 15% to about $80 million, the company reports.

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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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