2.1 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

Current Accusations Against Tara Resources, the Concessionaire, Found to Be Unsubstantiated

The most likely outcome, if the concession agreement for the Brskovo mine is terminated, is that the concessionaire, Tara Resources, will initiate arbitration against...

Titan Lithium Plans Establishment of Lithium Processing Plant in the UAE

KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease...

Outdated 1872 Law Exempts Gold, Silver, and Lithium Mining on Federal Land from Royalties to the US Treasury

When Congress opened U.S. public lands for mining in 1872, the nation was less than a century old. Miners used picks, shovels and pressurized...

Allied Nations, Including US, Advance Rare Earth Recovery Initiatives in Response to China’s Dominance

Rare Element Resources is working to establish US-based rare earth production using innovative recovery and separation technology. Forty years ago, China understood something long before...
Supported by
Supported by
Supported by
error: Content is protected !!