Russia mineral extraction

In 2018, gold production in Kazakhstan grew by 14.2%

In January-December 2018, volume of production of raw and semi-processed gold or gold in powder in Kazakhstan amounted to 97 429 kg, which is by 14.2% more than in 2017, a correspondent of the Kazi

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Gold production at the Asachinsk deposit increases by 15%.

At the end of last year the output of precious metals reached record levels - 42,128 thousand ounces.

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5.4 tons of gold are mined by Kamchatka enterprises in 2018.

The main volume of all the obtained precious metal was provided by JSC "Ametistovoye" - 3.1 tons.

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KAZ Minerals announces the completion of the acquisition of the deposit in Chukotka.

The remuneration due on the initial completion consists of $ 436 million in cash and the issue of the initial promotional remuneration of 22.344 million new shares of KAZ Minerals.

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In 2018, Azerbaijan reduced gold production by 32%

In 2018, gold production in Azerbaijan amounted to 4 238.6 kg, which is by 31.7% less than in 2107, the State Statistics Committee told the Interfax-Azerbaijan agency.

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In 2018, gold production at Kutmor fell by 5%

In 2018, 16.6 tons of gold were produced at the largest gold deposit in Kyrgyzstan Kumtor. This is by 5% less than in 2017.

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Vysochaishy to increase sale of gold to Lanta-Bank to 2.743 tons

Vysochaishy (GV Gold) has increased volume of gold, planned to be sold to Lanta-Bank in 2019, by 974 kg to 2.743 tons, it follows from the message of the company.

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NGMK to be transferred into trust management, IPO scheduled for 2023

The assets of the Uzbek state-owned enterprise Navoi Mining and Metallurgical Plant (NGMK), one of the largest gold producers in Central Asia, will be transferred to trust management on a competiti

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VGK enterprise boosts coal production on Sakhalin by 1.8 times.

Last year the subsoil user extracted 7.5 million tons of coal at the Solntsevskoye deposit.

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2 billion roubles to be invested by "Amurugol" into the development of the Erkovetsk mine until 2029.

The funds will be spent on the renewal of the mining equipment park, the construction of infrastructure facilities, as well as the creation of living conditions for the miners.

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