CEO: Seligdar to keep annual gold output at 7.6 tns till 2025

MOSCOW, Jul 13 (PRIME) -- Russian gold mining holding company Seligdar plans to keep gold output in 2023–2024 at 7.6 tonnes per year, President Konstantin Beirit said at an investor day on Thursday.

He also said that the company would produce 10 tonnes per year having launched a gold-extracting plant at the Khvoinoye deposit in 2025.

After the start of production in Kyuchus, output would reach 20 tonnes per year by 2030.

"The company has stopped drilling at Kyuchus, our views on the deposit were confirmed, on the area and thickness of ore bodies, on gold content (at 6 grams per tonne)," Beirit said.

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