logo-en.jpg
Домой Карта сайта Почта
pic-col-2.gif

GV Gold (Vysochaishy, OJSC) Production Highlights for 2015

In 2015 GV Gold (Vysochaishy, OJSC) produced 5.6 t (181 koz) of gold, which corresponds to the production level of the previous year (+2.8 %). The Group’s revenue from gold sales in 2015 grew by 1.5 times in comparison with the previous period, up to RUB 12 billion.

The gold production target for the current year will remain at the level of 2015. At the turn of the year the Company plans to commission the 1st stages of production of the mills at the Ugakhan Mine in  Irkutsk Region and the Taryn Mine in Sakha (Yakutia) Republic.

GV Gold (Vysochaishy, OJSC) Production Highlights:

2015

2014

Irkutsk Project

Gold produced

kg

5 210.28

5 287.50

koz

167.51

170.00

Revenue from gold sales

M RUB

11 807.31

8 117.50

M USD

194.03

216.48

Aldan Project

Gold produced

kg

430.60

199.90

koz

13.84

6.42

Revenue from gold sales

M RUB

976.55

320.20

M USD

15.63

8.14

In Total for the Group of Companies

Gold produced

kg

5 640.88

5 487.40

koz

181.36

176.42

Revenue from gold sales

M RUB

12 783.86

8 437.70

M USD

209.65

224.61

GV Gold is one of the TOP-10 gold mining companies of Russia. Mineral Resources (JORC) total 338 t (10.9 Moz) of gold, the Exploration Potential is 753.7 t (24.2 Moz).

Company’s major shareholders are Lanta-Bank Board Chairman Sergey Dokuchaev, Lanta-Bank Board Deputy Chairman  Natalia Opaleva and LT-Resource CEO Valerian Tikhonov, holding 20.36% of shares each. Other GV Gold shareholders: Blackrock – 17.99%, EBRD – 5.26%, member of the GV Gold Board of Directors Vladimir Kochetkov– 5.46%, Brishurt Ltd – 6.37%, Fayweld Holdings – 2.95%.