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Azerbaijan records explosive growth of gold production

Azerbaijan, which started industrial production of gold in July 2009 and publication of accompanying silver production in 2010, managed to inflate production of gold by 2.2 times, but reduced production of silver by 7.4% for 2017. At that, gold …

Kazakhstan to process up to 2 tons of Iran's gold

A refinery in Kazakhstan will process up to 2 tons of Iranian gold in 2017, the Kazakh Deputy Investment and Development Minister Albert Rau said. He noted that a Kazakh company is engaged in development of gold deposit …

Gold found in Kabardino-Balkaria

Experts of Kabbalkgeologiya have found a large deposit of gold in Kabardino-Balkaria, the chief specialist of the company Mulid Emkuzhev said. According to him, only middle-sized deposits of gold were found in the …

SOFAZ doesn't plan to increase gold reserves

At the present time, the gold reserves of SOFAZ are estimated at 30 175 kg, or about 3.5% of its total assets, and therefore their further extension isn’t planned. "In accordance with …

Iran may increase production of gold

Iran is studying the possibility of increasing gold production, the deputy director of Iran’s Geology and Mineral Exploration Organization, Behrooz Borna, said. "Proven and probable gold reserves across the country have …