Polymetal announced that its Board of Directors has approved the debottlenecking project at the Amursk POX plant.
The Federal Antimonopoly service (FAS) Russia has satisfied the petition of the gold mining company Petropavlovsk PLC on the acquisition of 100% stake in the company Amur Zoloto. This was reported by Business News Agency PRIME.
The Russian Central Bank announced this week that its gold reserves in July 2016 reached 48.4 million troy ounces.
In Germany, low interest rates in banks are one of the drivers of growth in demand for the yellow precious metal. This is according to the German Stock Exchange (Deutsche Boerse AG).
YUSMO LLC during the bid on August 19 increased the one-time payment for site of the Ilikan River by 508.2 times up to 381.5 million rubles, reports Business News Agency PRIME in Amurnedra.
In 2016 subsoil users of the Magadan Region plan to produce 27 tons of gold, which is 10.2% higher than a year earlier, the governor Vladimir Pechyony stated at the working meeting with the RF President Vladimir Putin.
Ministry of Natural Resources plans to announce the date of the auction for the development of one of the largest Russian gold deposit Sukhoi Log in the Irkutsk region in September, reports Minister of Natural Resources and Environment of RF Sergey Donskoy to the journalists of Business News Agency PRIME. Probably, in the beginning of September.
Geologists explore the field, prospective for gold and copper in the Khabarovsk Krai.