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    than 66% of Russian gold production comes from just six eastern regions (Amur, Irkutsk, Khabarovsk, Krasnoyarsk, Magadan, and SakhaYakutia). During the past 4 years, foreign companies have controlled 15% to 18% of Russian gold production, which was the largest share held for any commodity in the Russian mining industry.

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  • Russian miner's revenues are up 18.9% Kitco News

    sustaining costs per ounce was up, increasing to 778 compared to 697 from a year ago. The new mine and equipment purchases drove costs higher. The company maintained its forecast of 290,000 to 300,000 oz of gold and gold equivalent for 2019.

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    However, holders of mining rights remain owners of precious metals and precious stones placed for gold refining unless otherwise agreed with gold refining companies. Law on strategic deposits In 2008, Russia introduced legislation relating to strategically and nationally important industries and assets, including certain mineral resources.

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  • Peru opens military base to protect Amazon from deforestation

    07, 2019018332Aerial view taken on March 5, 2019 of the deforestation surrounding a dismantled gold digging system, near the illegal gold miners' camp quotMega 12quot, in the Amazon jungle in the Madre de Dios region, southeastern Peru, during a police operation to destroy illegal machinery and equipment.Illegal gold mining in the Amazon has reached quotepidemic

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