MAGADAN, October 18 (Itar-Tass) —— A total of 17.653 tons of gold were produced in Kolyma as of the beginning of the year, which is 2,404 kilograms more than in 2011. A total of 644.21 tons of silver were produced, which is 117.58 tons more than last year. This was reported by the department of the administration of the Magadan Region on Thursday.
The growth of production of the precious metals was reached at the expense of the increased volumes of panning out of gold-bearing sands at placer deposits. “The Yagodninsky and Susumansky regions are the leaders in placer gold production - - 5,127 and 4,264 kilograms accordingly. The Northern-Evenky Region leads in gold ore production - - 3,390 kilograms,” head of the department of natural resources of the Magadan Region Vladimir Mitkin said.
According to him, the favorable market situation, the cost of one gram of gold exceeded 1,700 rubles, contributes to miners’ successes.
Magadan gold miners plan to produce a total of 19.2 tons of gold and 785 tons of silver in the current year.