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Mangazeya Mining produces 51,6 thousand ounces of gold for 2020
Last year, Mangazeya Mining Ltd produced 51,6 thousand ounces of gold. The growth compared to 2019 was more than 16%.
As the NEDRADV, the company received the bulk of the precious metal at the Kochkovskoye deposit - 29,6 thousand ounces of gold. The growth in indicators is associated with an increase in ore processing volumes by 30%. Gold refining rose 14,3% last year.
At the Nasedkino deposit, the company received 16,84 thousand ounces of gold. At the same time, the plant itself was commissioned only in the third quarter of last year. Production at the Savkinskoye field decreased by more than 65% and amounted to 5,17 thousand ounces. The decrease is due to the fact that mining and stripping operations have ceased due to the end of the development of the deposit. The company was engaged in the production of precious metals from previously obtained ore.
Of the total volume of gold, Mangazeya Mining sold 41,51 thousand ounces. Sales were up by a quarter driven by higher production volumes.