22.6 C
Belgrade
Supported byspot_img
spot_img

Kinross Gold may increase gold production in Russia this year

Member of Europium Groupspot_img
Supported byspot_img

In the case of Russia, during the period of January-May 2016, the volume of gold production of Kinross in Russia amounted to 8.7 tonnes, while in the case of silver to 62.4 tonnes.
Canadian Kinross Gold Corporation may significantly increase the volume of its gold production in Russia during the next several years, according to recent statements of the company.

As part of these plans, the company may accelerate production at its flagship Russian gold mining fields, and in particular Kupol and Dvoynoey, which are located in the Chukotka region of Russia.

To date, Paul Rollinson, CEO of Kinross Gold, has had a meeting with Sergei Donskoi, Russia’s Minister of Natural Resources during the St. Petersburg Economic Forum, where they discussed the possibility of the increase of Kinross investments in the Russian gold mining.

Supported by

source: investorintel.com

Supported byElevatePR Digital

Related News

Ukraine’s strategic importance in global critical raw material supply chains amid geopolitical dynamics

Ukraine's role in global supply chains for critical raw materials is increasingly pivotal amidst ongoing geopolitical challenges. These include the Russian invasion of Ukraine,...

Nornickel in talks with China Copper for copper smelting venture in China

Russian mining giant Nornickel is reportedly in discussions with China Copper to establish a smelting facility in China. This joint venture aims to relocate...

Pan Asia Metals secures option agreement for RK Lithium Prospect in Thailand

Pan Asia Metals Limited has taken a significant step forward by securing an exclusive option agreement for the RK Lithium Prospect in Thailand. This...

Critical Metals partners with Obeikan Group to build lithium hydroxide plant in Saudi Arabia

Mining company Critical Metals has finalized a joint venture (JV) agreement with the Obeikan Group to establish a lithium hydroxide processing plant in Saudi...
Supported by
Supported by
Supported by
error: Content is protected !!