Nordgold Targets 25 Metric Tons of Gold Production in Yakutia by 2028
The mining company plans to bring two additional processing plants online that year to reach the production goal.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Russian gold miner Nordgold plans to reach an annual production level of 25 metric tons of gold at its operations in the Yakutia region by 2028, the company said.
To reach that target, Nordgold said it intends to commission two additional processing plants in the region during 2028, expanding its existing processing capacity in one of Russia's major gold-producing areas.
Yakutia, a vast and resource-rich region in Russia's Far East, hosts significant mineral deposits and has become an increasingly important hub for the country's gold mining industry.
The company did not immediately disclose the specific investment figures tied to the planned plant construction or further technical details of the expansion project.
Nordgold operates mining assets across several countries and has in recent years focused on expanding output from its Russian operations amid broader efforts within the industry to increase domestic gold production capacity.
Further details on the timeline for construction of the two new plants were not provided.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Rosatom enters top 14 transport operators among BRICS nations, CEO says
Rosatom chief Alexey Likhachev said the Russian state nuclear corporation now ranks among the top 14 transport operators in the BRICS bloc, with ambitions to climb further through marine logistics.
Venezuela's acting leader congratulates Putin on his birthday
Delcy Rodriguez wished the Russian president continued success in his role as head of state, according to Russian state media.
Russia signals interest in developing railways and river ports in Afghanistan
Officials highlighted the Trans-Afghan Railway project as a particular area of focus, according to Russian state media.
Erdogan and Putin discuss Turkiye-Russia ties and Black Sea security
Turkish President Recep Tayyip Erdogan says Ankara is ready to help facilitate direct contacts between Moscow and Kyiv, during a phone call with his Russian counterpart.
Russian National Team Holds 35th Place in Latest FIFA Rankings
Spain remains at the top of the standings as football's governing body released its newest rankings update.
Russia Develops Drone Interceptor With Top Speed of 500 km/h
DOFA-Tek says the new interceptor can be launched from rooftops or the ground to counter aerial drone threats.