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Far East 2018 Russia can be ranked first in the world in gold mining production. The results of MINEX Far East 2018

Far East 2018 Russia can be ranked first in the world in gold mining production. The results of MINEX Far East 2018

This year the annually conference and exhibition MINEX Far East 2018 took place in Magadan, Russia on 18-20 July 2018. This even has been held in Magadan since 2015.

The conference and exhibition MINEX Far East 2018 took place under the auspices of the largest professional forum in the field of exploration and solid minerals mining in the territory of Eurasian continent countries.

292 Russian and foreign delegates participated in the forum. There were representatives from Australia, Belarus, Great Britain, Jordan, Canada, China, the Netherlands, Finland, France, Croatia, Switzerland, Sweden and South Korea.

In total more than 50 reports were heard at the forum, four seminars were held and two debatable panels were organized devoted to the prospects of mining development of the Far Eastern Federal District.

The industry investment and technological show where 29 companies participated, took place in parallel with a conference.

Beyond the conference delegates visited the leading mining enterprises of the Magadan region JSC PAVLIK and JSC Susumanzoloto.

According to the Magadan region minister of natural resources Vladimir Mitkin, for all history of resource production on Kolyma since 1928 to present, from subsoil were taken more than 3 thousand tons of gold, over 15 thousand tons of silver, 72 thousand tons of tin and 85 million tons of coal, apart from other minerals.

"In general we observe the positive dynamics in this sphere since 2009" – the Natural Resources Minister of the region said and added that it was planned that year to produce 39 tons of gold due to input of new deposits of ZRK "Pavlik" and increase in "Pole Magadan" production.

The deputy CEO for development of Geotechnologies Institute Mikhail Leskov noted that if in the Magadan region and also in the whole country would continue positive dynamics of mining development then according to approximate calculations by 2030 Russia could win the first place in the world on gold mining volume and overtake China.

The detailed information is available on the website http://www.minexfareast.com/2018/ru/

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