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The "Birch Mine" of Nordgold produced 2 tonnes of 840 kg of gold for 9 months 2014 years

The Berezitovy Rudnik gold mining enterprise (Amur Region, Russia), which is part of the international company Nordgold, has exceeded its gold production plan for the second quarter in a row. Due to the increase in the gold grade in the processed ore, the mine produced 32,3 thousand ounces (1 ton 5 kg) in the third quarter, which is 15% higher than in the third quarter of 2013 (28,0 thousand ounces) and 1% higher indicator of the II quarter of 2014 (32,1 thousand ounces), according to the press service of the company.

As a result of 9 months 2014, gold production increased by 8% to 91,3 thousand ounces (2 tonnes 840 kg) due to increased ore processing volumes, increased gold content in it and a higher recovery ratio of precious metals from ore.

In September, 2014 at the Berezitovy mine was affected by interruptions in power supply caused by a break in the transmission line, which led to a halt in production for 7 days. Nevertheless, despite the difficulties associated with the rupture of power lines, the company continues to exemplary demonstrate the ability to increase production volumes.

“Following the results of 9 months of 2014, we achieved a significant increase in gold production, due to which we managed to keep revenues in the usual range - within $ 120 million - despite a 9% drop in the average selling price of precious metals. We are confidently moving towards achieving all the production goals set at the beginning of the year, ”said Denis Ryzhkin, executive director of Berezitovy Rudnik LLC.  

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