Encouraged by an 11% rise in global gold prices this year and by a separate $887m…
Topic: gold
Gold discovery, mining and production in Russia, Kazakhstan, Azerbaijan and Central Asia
Fosun turns to Russian gold with Polyus stake
A consortium of investors led by Chinese conglomerate Fosun International is set to buy a 10%…
China confirms $22bn gold discovery
The Shandong Gold Group this week confirmed that it has discovered what is thought to be…
Anglo-Asian Mining discovers new Azeri gold reserves near Gabaday
The Anglo-Asian Mining company has announced that it has discovered new gold reserves near its existing deposits of gold,…
Silk Road Fund eyes up Glencore’s Kazakh mine in Chinese gold rush
China’s state-backed $40bn Silk Road Fund has teamed up with the China National Gold Group Corporation to explore…
101 Kazakh mineral deposits to be put up for auction
Kazakh mineral deposits: The Kazakh government is to hold an auction over 100 mineral deposits in…
Polymetal buys Glencore’s Kazakh Komarovskoye Gold Deposit for $100m
Jersey- based precious metals mining company Polymetal has entered into a binding agreement with Glencore subsidiary…
Rio Tinto and Mongolia set to sign $6bn Oyu Tolgoi financing agreement
The Mongolian government and Rio Tinto will officially sign an agreement finalising terms for the financing…
Geologists discover $850m gold deposits in the Altai mountains
Geologists from Rosgeologiya’ s Gorny-Altai Expedition claim to have discovered 22.m tonnes of gold deposits in the Altai…
Karaganda gold and copper mines secure $100m EBRD loan
Two companies involves in developing the Karaganda gold and copper mines in Kazakhstan have secured a $100m loan…
New gold reserves found in Azerbaijan, minister announces
New gold reserves found in Azerbaijan: Huseyngulu Bagirov, Azerbaijan’s Minister for Ecology and Natural Resources, told…
Tajik gold deposits to be mined by China’s TBEA
Tajik gold deposits: The Tebian Electric Apparatus Stock Company Limited (TBEA), one of the largest electrical manufacturing…
Petropavlovsk rescue package on the cards
Petropavlovsk, the Siberian-based Russian gold mining operation that has seen its market value drop from $3bn to…
Kazakhstan mining investment to reach $30bn by 2017
Kazakhstan mining investment: Kazakhstan is in the process of drafting a new mining law that will…