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The lower price of gold in 2013 is expected to impact gold production in the coming years; Barrick Gold is slowing construction at one of its largest gold projects Pascua Lama (18m ounces of gold, 676m ounces of silver) while in Australia mines are being shuttered by companies in an attempt to curb costs.

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Russia was having a difficult time expanding gold production because reserves at existing enterprises were being depleted and gold mining companies were experiencing greater difficulties in obtaining licenses to mine new deposits.

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Chukotka Mining and Geological Company is the company behind the exploration of the Kupol project, located in the Chukotka region of the Far Eastern Federal District of Russia. The first bar of gold-silver dore was produced at the Kupol mine in 2008.

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Trial mining at the Russian gold mine began in April 2014 and full production run rate is expected to be reached in 2017. Approximately 2.3Mt of ore was mined and 1.8Mt of ore processed to produce 29,000oz of gold at the nearby heap leach facility at Neryungri, as part of the trial mining, in 2014. ... The output from the primary crusher will ...

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The Olimpiada mine of Russia is the fourth biggest gold mine in the world.. The mine is located in Severo-Yeniseisk District of Krasnoyarsk Krai region. Olimpiada is the largest operation of its owner Polyus Gold and represented 39% of the company's total gold …

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Chukotka Mining and Geological Company is the company behind the exploration of the Kupol project, located in the Chukotka region of the Far Eastern Federal District of Russia. The first bar of gold-silver dore was produced at the Kupol mine in 2008.

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