Subsoil users of the Chukotka Autonomous Okrug, gold production increased by 19% in January-September of this year compared to the same period of the previous year, up to 16.4 tons.
Subsoil users of the Chukotka Autonomous Okrug, gold production increased by 19% in January-September of this year compared to the same period of the previous year, up to 16.4 tons.The silver mining decreased by 16% to 12.7 tonnes, reported Elena Kopat, Advisor in the Department of Industrial Policy, Construction and Housing of the region administration.
Currently, the bulk of production of precious metals accounted for businesses developing ore deposits: Chukotka Mining and Geological Company, mines Karalveem andValunistoye, companesMayskoyeand SevernoyeZoloto.
Chukotka Mining and Geological Company has produced 10.1 tonnes of gold at the Kupol field since the beginning of the year, which is less by 0.71 tons compared to the same period in 2012, to 114.4 tonnes of silver, which is less in relation to last year's level by 28.7 tonnes.
At the Karalveyem mine, 1.5 tons of gold ore were produced in the Karalveyemskoye field in the nine months of 2013 that is more by 0.39 tons in comparison with the same period in 2012.
TheMayskoyeCompany, during the first eight months of this year has extracted 1.5 tons of gold in concentrate on the Mayskoye field. In the future, the field is planned to produce 6-10 tons of gold a year. The field Valunistoye (mine Valunistyi) produced 0.58 tonnes of gold and 5.2 tons of silver since the beginning of the year. The operation of enrichment plant resumed in October 2012.
In September, the extraction of placer gold was conducted by 11 enterprises. As of October 1, 2.1 tonnes of alluvial gold were produced.
In turn, Roman Kopin, governor of the Chukotka Autonomous District, said that the mining industry is a priority in the economic development of the region: “Chukotka will never be the center of the automotive industry or another Silicon Valley. The branch we have to develop is mining. Soils of Chukotka are very rich in gold, tungsten, tin, coal. Our task is to attract investors who would be involved in mining and extraction of minerals. A profitable business can be run in Chukotka, which has already been proved by time. Several companies, such as Polymetal, Kinross Gold feel quite comfortable in such a harsh environment, continuing to increase its presence in the region, which, in turn, positively affects the development of the economy of the Chukotka Autonomous Okrug”.