Aldan Business Unit

The Aldan project includes the Bolshoy Kuranakh (buried placer) deposit in the Aldan Area.

The Bolshoy Kuranakh

Stage: Production
Geological resources: 1.97 Moz
Dredge fleet: Two 400L dredges and one 250L dredge
Gold production in 2019: 18.6 koz

Placer gold deposit (buried placer) located in the Aldan Area of the Republic of Sakha (Yakutia) is developed by SAKHA Gold Mining, CJSC, the Aldan business unit of GV Gold.The asset is located in the Aldan District, 20 km from Aldan. The district has a developed infrastructure including an airport, a railroad, motor roads and power grids. The fleet consists of three dredges: one 250-L dredge and two 400-L dredges. In accordance with the updated JORCcompliant statement as of 01.07.2017, the Proved and Probable reserves of the deposit total 1.5 Moz.

Over the season of 2019, from April till December, the mine produced 18.6k oz of gold, which exceeds the respective result of 2018 by 6%. The volume of processed sands totaled 3,756,000 m3, which exceeds the respective result of 2018 by 21%. The average grade of gold in the sands remained approximately at 0.200 g/m3.