Polyus increased production forecast

MINEX FORUM | August 11, 2017
img0 PJSC Polyus («Polyus» or the «Company»), the largest gold producer in Russia, today releases its 2Q 2017 and 1H 2017 Operating results for the period ending 30th June 2017. 1H 2017 Highlights Total gold output increased 12% y-o-y to 938 koz driven by higher production volumes at Olimpiada and Verninskoye Volumes of ore mined increased 29% y-o-y to 17,8 mt as a result of mining volumes growth at Olimpiada, Kuranakh and commencement of full-scale mining ...

Kyrgyz Unkurtash is considered profitable in Highland Gold’s Scoping Study

MINEX FORUM | April 6, 2017
img0 Highland Gold Mining Limited (“Highland Gold” or the “Company”) announced details of a Scoping Study, compiled together with consultants SRK, which indicates positive economics for the Unkurtash project (for more details see here).  Located in the Republic of Kyrgyzstan in Central Asia, the Unkurtash license area covers three well-explored deposits – Unkurtash, Karatube and Sarytube ...

FDI outlook: Russia, Kazakhstan, Mongolia

Arthur Poliakov | December 5, 2016
img0 Due to weak commodity prices in the past five years Russia, Kazakhstan, Mongolia and other Central Asian countries whose economies are built around extractive industries have been going through hard economic times. Although Foreign Direct Investment (FDI) is considered the key instrument for stimulating economic growth, the relationships between the Governments and Foreign Investors in ...

Re-launch of Mongolian mining projects at MINEX Eurasia conference

Arthur Poliakov | November 20, 2016
img0 On 28 November in London we (MINEX Forum) are preparing to host a Mongolian mining delegation led by Mr. Badamsuren Khookhor, the newly elected Vice Minister of Mining and Heavy Industry of Mongolia. The delegation includes the CEOs of Erdenes Mongol LLC, Erdenes Tavan Tolgoi LLC, Erdenes Oyu Tolgoi LLC, Baganuur JSC, Shivee Ovoo JSC, ...

India definites its critical minerals

MINEX Forum | August 8, 2016
img0 Image: bbc.co.uk India will be woefully short of critical minerals necessary for developing clean-energy applications, infrastructure for its solar mission and for manufacturing high-technology products in the future. The country will be heavily dependent on China in the coming years to source these materials for its manufacturing sector, says a report commissioned by the Department of ...

Shocking breakdown of China’s foreign reserves is bullish for gold

Irina Dorokhova | July 11, 2016
img0 Image: timedotcom.files.wordpress.com “I want to focus on the composition of China’s foreign reserves, explain why the liquid portion of the reserves may be much smaller than widely believed, and how that situation is bearish for RMB and bullish for gold” John Lee, CFA Executive Chairman, Prophecy Development Corp. This article has been written by him for ...