Industry News

08 Aug 2016
ETF Goldstock in July increased by 55 tons

Gold stock in the world stock investment funds (ETF) in July increased by 55 tons to more than 2 million tons, say Commerzbank and Citi Research.

08 Aug 2016
Turkey in January-July increased gold imports by 18%

Turkey increased gold imports in January-July 2016 by 17.7% to 30.157 tons compared to the same period of 2015, according to Istanbul Gold Exchange (IGE).

08 Aug 2016
Konstantin Beirit appointed as president of Seligdar Holding

Konstantin Beirit, director of the Russian Fundsinvestment group, appointed as President of PAO Seligdar on August 5, 2016, according to the company's report after the meeting of the Board of Directors.

08 Aug 2016
Polymetal to renew heap leaching at Omolonskaya 2017

OOO Omolonskaya ZRK (OZRK, partof Polymetal) plans to resume gold production by heap leachingin 2017, and to produce 122 kg of gold and 445 kg of silver, said OGMC managing director Vladimir Bloshkin.

05 Aug 2016
Zolotinka rose payment for the site 740 times

According to information provided by the Business News Agency PRIME, OOOZolotinka won the auction for two sites of placer gold in the Zeya district of the Amur region, with starting price for one of the sites raised by 740 times during the auction.

05 Aug 2016
Russia increased gold refining by 4.4% in January-May 2016

Gold production in Russia increased in January-May 2016 by 4.45% compared with the same period of the previous year - up to 86.7 tons from 83.01 tons, reported the Ministry of Finance of the Russian Federation with reference to data on the supply of raw materials to the Russian refiners.

05 Aug 2016
Susumanzoloto increased profits 2.9 times

“OAO Susumanzolotogot net profit of 1.025 billion rubles in the first half of 2016 according to RAS, which is 2.9 times more than in the same period of the previous year,”according to the Business News Agency PRIME.

04 Aug 2016
Tsentrsibnedra scheduled six auctions on 28/09

Tsentrsibnedra scheduled auction on six sites of alluvial gold in Bauntovsky District of Buryatia to be conducted on 29September, according to the tender information.