Trans-Siberian said it produced 9,260oz in the June quarter, and 26,456oz of silver, at Asacha in Kamchatka, a peninsula in far east Russia. For the first half gold production grew 26% year-on-year to 21,889oz, and silver production increased 42% to 59,787oz. Total revenues for the second quarter increased 14.7% year-on-year to $13.8 million. For the ... Trans-Siberian rides rising tide to record revenue
MINEX Forum | August 2, 2019 Trans-Siberian said it produced 9,260oz in the June quarter, and 26,456oz of silver, at Asacha in Kamchatka, a peninsula in far east Russia. For the first half gold production grew 26% year-on-year to 21,889oz, and silver production increased 42% to 59,787oz. Total revenues for the second quarter increased 14.7% year-on-year to $13.8 million. For the ... 
Polish miner KGHM (WSE:KGH), Europe’s second-largest copper producer, hit record output in the first three months of the year, thanks to improved production at its European and North American operations. The state-controlled company, which has been criticized for the steep investment allocated to developing the Sierra Gorda copper mine in Chile ($5.2B and counting), churned ... 
Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) is pleased to announce that it has achieved first gold concentrate production from its Krumovgrad open pit gold mine. “After many years of hard work and cooperation with local stakeholders, we are extremely excited to announce that we have reached this pivotal milestone for our Company, ... 
Enterprises of the mining sector of Kazakhstan’s Kostanay region produced goods for 361.7 billion tenge in 2018, which is a year-on-year increase of 15.5 percent, Governor of the region Arkhimed Mukhambetov said, Trend reports via Kazakh media. He also noted positive trends in all major macroeconomic indicators. The head of the region said that industrial ... 
Euro Sun details plan for Romania mine Euro Sun Mining has completed a preliminary economic assessment (PEA) for the initial phase of development at the Rovina Valley gold/copper project, in Romania, detailing plans to produce 108 000 oz/y of gold and 13.3-million pounds a year of copper, or 139 000 oz/y gold equivalent. The PEA ... 
Norway has approved the building of a copper mine near Europe’s northernmost point despite years of opposition from indigenous Sami herders and fishermen. “The mining project will strengthen the industrial base in the north,” Industry Minister Torbjorn Roe Isaksen of the centre-right coalition government said in a statement. “It will contribute positively to the local ... 
More than 1.7 million tons of coal have been produced in January-November in Tajikistan, according to the Tajik Ministry of Industry and New Technologies. The ministry clarified that Tajikistan produces two types of coal – stone and brown. Moreover, according to official statistics, by the beginning of December, about 1.6 million hard coal was produced ... 
Dundee Precious Metals’ Chelopech mine and smelter, in Bulgaria, achieved another record year of gold production, at 201 100 oz, in 2018, exceeding the company’s guidance of 190 000 oz to 200 000 oz. Moreover, copper production of 36.7-million pounds was in line with guidance of 35-million to 38-million pounds. Chelopech’s production performance was attributed ... 
After one year of studies, the first mechanized underground chrome mine of Turkey is in operation by Eti Krom, a subsidiary of Yilmaden Holding. The project will add more than 400,000 tons to Turkey’s annual chrome ore production capacity. Eti Krom, a subsidiary of Yilmaden Holding is leading innovations in Turkish chrome mining. Turkey’s largest ... 
Serbia’s mining industry could expand to 5 percent of national output by 2023 if foreign investors keep commitments to plough millions of dollars into copper and lithium production, its mining minister said. The sector currently accounts for 1 percent of Serbia’s gross domestic product. But since 2000, when a decade of isolation of the former ... 
Breaches of contractual obligations totaling AMD 573 million ($1.2 million) by 127 companies have been found as part of the comprehensive analysis in Armenia’s mining industry, Garegin Baghramyan, the acting energy infrastructures and natural resources minister, said Wednesday at a news conference. In his words, AMD 134 million (around $275,700) of the mentioned amount is ... 
Iran Minerals Production and Supply Company, a subsidiary of state-owned Iranian Mines and Mining Industries Development and Renovation Organization, announced through the country’s public broadcaster that it has signed a memorandum of understanding with industry group Iran Mine House and a private company with the idea of developing six small-scale gold and copper mines. With ...