Industry News
Illegal Gold Mining Operation Uncovered in East Kazakhstan, Damage Estimated at 400 Million Tenge
East Kazakhstan authorities halted a two-year illegal gold mining scheme causing 400 million tenge in environmental damage.
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#goldmining
73 published stories in this archive.
Companies & Organisations
Zijin Mining Expands in Kazakhstan, Sees Over 200 Tonnes of Gold Potential at Raigorodok Deposit
Zijin Mining expects Kazakhstan’s Raigorodok gold deposit to yield over 200 tonnes of gold, following its $1 billion acquisition of RG Gold and plans for major new investment.
Companies & Organisations
China’s Zijin Mining Acquires Kazakhstan’s Gold Producer RG Gold
Zijin Mining Group’s subsidiary has acquired Kazakhstan’s RG Gold, whose Raigorodok mine now boasts 7.6 million ounces in resources.
Companies & Organisations
RG Gold Reports Sharp Profit Increase for 2024 as Output and Revenues Surge
RG Gold, Kazakhstan’s second-largest gold producer, has posted a dramatic 75% year-on-year profit increase to 80.5 billion tenge ($172 million) for 2024, capitalizing on sustained high bullion prices and operational efficiencies.
Industry News
Online Auction for Gold-Bearing Pirali Site in Navoi Region Closes with Record Bid
This week alone, three other major prospective gold deposits have also been auctioned. The Temirchi site in Navoi region fetched 67.78 billion soums, while the Terekli site near Almalyk surged almost 20-fold…
Companies & Organisations
Strickland Metals Uncovers “Massive” Gold Find at Kotlovi Prospect in Serbia
Strickland Metals reports a major gold discovery at Serbia’s Kotlovi prospect, with promising results fueling hopes for massive resource expansion.
Companies & Organisations
Navoi Mining and Metallurgical Combine Expands Capacity at Zarmitan Mine in Uzbekistan
NMMC launches a new skip shaft at Zarmitan mine, boosting efficiency and marking a breakthrough for Uzbekistan's mining sector.
Companies & Organisations
Solidcore Reports Sharp Drop in Gold Output and Revenue Due to Sanctions and Delays
Solidcore’s Q1 gold output and revenue plummet due to sanctions-related delays and processing bottlenecks.
Companies & Organisations
Altynalmas Outlines Ambitious Development Plans for Maikainzoloto During Executive Visit
Kazakhstan’s gold mining giant Altynalmas unveils bold development strategy for Maikainzoloto, appoints new general director Daniyal Nabiev to lead the next phase of expansion.
Companies & Organisations
Navoi Mining and Metallurgical Combine Reports 40% Profit Increase
The results of NMMC for 2024 reflect the success of its long-term strategy and its ability to adapt to market demands.