In 2016, the investments in the mining industry and the extraction of minerals in Kamchatka exceeded 5 billion rubles.
In January-February of this year, subsoil users of the Chukotka autonomous district produced 3.577 tons of gold.
As of January 1, 2017, the estimated gold reserves at Polymetal International’s fields under international standards decreased by 1% compared to the previous year to 17.6 million troy ounces
The Deputy Chairman of the Magadan region’s government Igor Ozimok has held a meeting of working group on improvement of federal legislation in the sphere of subsoil use.
The Russian Ministry of Foreign Affairs has prepared a draft presidential decree which would tighten sanctions against North Korea.
In January 2017 the Magadan region produced 930.8 kg of gold and 60.4 tons of silver. This is by 223.8 kg higher than in January 2016.
On the results of 2016 Russia Platinum reduced platinum and silver production having increased gold production.
“Gold of Kamchatka” JSC (in the structure of Renova GC) in 2016 increased gold mining by 114% against 2015 to 175.25 thousand ounces (5,451 kg), silver – by 309% to 247.35 thousan
Enterprises of Russian Platinum, which specialize in the mining of precious metals in the Khabarovsk region, have summarized their operation in 2016, the press centre of the group of companies repo
In 2016 Cable Alliance Holding (unites the cable assets of UMMC) processed 37.5 thousand tons of copper. This is 12% more than the previous year (33 thousand tons).