Kyrgyzstan’s largest gold mine, Centerra Gold-operated Kumtor, will produce 18.2 tonnes of gold this year, beating its own forecast of 16.6-17.6 tonnes, the Kyrgyz government said on Saturday. The government issued a statement on Kumtor after Prime Minister Mukhammedkaliy Abylgaziyev met Centerra Chief Executive Scott Perry. Kumtor produced 16.6 tonnes of gold in 2018. by Kyrgyzstan says Centerra’s Kumtor to beat 2019 output forecast
MINEX Forum | December 4, 2019 Kyrgyzstan’s largest gold mine, Centerra Gold-operated Kumtor, will produce 18.2 tonnes of gold this year, beating its own forecast of 16.6-17.6 tonnes, the Kyrgyz government said on Saturday. The government issued a statement on Kumtor after Prime Minister Mukhammedkaliy Abylgaziyev met Centerra Chief Executive Scott Perry. Kumtor produced 16.6 tonnes of gold in 2018. by 
Miners in Russia’s far eastern region of Magadan have mined over 40 tonnes of gold since the beginning of 2019, government-controlled RT news site reports. According to the information, which cites local authorities, the figure implies that the miners have broken a 40-year production record. The report also states that they may reach 50 tonnes ... 
In the mining sector this year, the number of employees is seven percent higher than last year. The government estimates that strategic projects at RTB alone with the new Chukaru Peki and Jadar mine will bring in $ 3 billion in new investments. The World Bank also confirmed that Serbia has huge potential for growth ... 
Lydian International is planning to embark on fresh legal action against Armenia after hitting a new roadblock on its path to building the massive Amulsar gold mine, in the country’s mountainous south. The move comes after the environment minister last week rejected the mining company’s application for a licence to draw 40 litres per second ... 
With the realization of the mining projects of “Chukaru Peki” and “Jadar” in Serbia, the share of mining in GDP can jump from the current two percent to five percent, said the World Bank spokesman in Serbia Stephen Ndegwa, who estimated that Serbian mining the sector has enormous potential for growth and new jobs in ... 
Polymetal, one of Russia’s largest gold and silver producers, is in talks with European banks on “green” project financing, CEO Vitaly Nesis told Reuters on Thursday, adding that a deal could be reached in the second half of 2020. The agreement may involve four of Polymetal’s projects such as the construction of a solar power ... 
Kaz Minerals on Thursday reported record copper production in the third quarter as it ramped-up operations at its biggest mines in Kazakhstan, putting it on track to achieve full-year targets for copper output. The London-listed miner said copper production for the quarter ended Sept. 30 rose 7.4% to 82.9 kilo tonnes (kt) Copper production also ... 
Tethyan Resource has announced the discovery of an outcropping gold porphyry system on the western side of is Kremice project, south-western Serbia. The company says channel sampling of a large area of exposed stockwork veining at Kremice West returned consistent mineralisation, with individual samples grading up to 0.68 g/t gold and 0.21% copper. Tethyan has ... 
Dundee Precious Metals Inc. said that its Ada Tepe gold mine in Bulgaria has successfully completed ramp-up activities and has achieved full design throughput and recovery levels. “We are extremely excited to see the operation achieve and sustain design tonnages and recoveries in September as expected,” said Dundee President and CEO Rick Howes. “This is ... 
Albania’s chromium industry is growing thanks to the expansion of new investments, and the production of this metal in 2018 has grown at the fastest pace in the previous decade. Official data from the National Natural Resources Agency shows that chromium production reached over 1.1 million tonnes last year, up 43% from 2017. Compared to ... 
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 ...