Auriant Mining AB announces that its total production forecast for 2020 is 900 - 940 kg of gold. Ore to be fed to the new CIL plant will come from the Pravoberezhniy deposit, which has been in operation throughout 2019. Annual throughput of the CIL plant will amount to 350 - 380 thousand tonnes. The ramp-up of the CIL plant is progressing according [...]
The Company has learned that the Russian State Service for Supervision of Natural Resource Usage has published an announcement on its website under the heading “The use of subsoil resources by LLC “Tardan Gold” is suspended.” The announcement then states that the subsoil use rights of LLC “Tardan Gold” are [...]
Financial Highlights Consolidated revenue was US$ 20.8 mln , up 88% YoY ). Net loss after tax of US$ -0.6 mln decreased by 93% YoY ). Positive EBITDA was US$ 4.3 mln compared to US$ -2.9 mln in the previous reporting period. Net cash flow generated from operating activities was US$ 6.0 mln , up 179% YoY ). Operational Highlights Heap leach gold [...]
The Board of Directors resolved to approve 19 May 2020 as the date of the 2020 AGM and 31 March 2020 as the closing date for shareholders to submit to the Board issues for inclusion in the notice of the AGM. The 2020 AGM will be held at Näringslivets Hus, Storgatan 19, 114 85 Stockholm. 2020 reporting dates as follows: Annual Report for 2019 [...]
Financial Highlights Consolidated revenue was US$ 20.8 mln , up 88% YoY ). Net loss after tax of US$ -0.6 mln decreased by 93% YoY ). Positive EBITDA was US$ 4.3 mln compared to US$ -2.9 mln in the previous reporting period. Net cash flow generated from operating activities was US$ 6.0 mln , up 179% YoY ). Operational Highlights Heap leach gold [...]
Auriant Mining AB is pleased to announce that the Company’s Q3 2019 interim report will be published on Friday, November 29th. This will be followed by an interactive webcast for analysts and investors with the CEO, Sergey Ustimenko who will be presenting Auriant Mining’s Q3 2019 results as well as hosting a Q&A session. The event will [...]
Auriant Mining AB has completed full cycle test work at the new CIL plant at Tardan and the equipment processing the ore slurry is now fully operational. The test work proved that the CIL plant is capable of reaching the company’s projected hourly throughput of 50 tonnes per hour. On November 11th, we started loading the CIL plant with low [...]
On 20 August 2019, Auriant announced the results of an inspection carried out by the Russian State Service for Supervision of Natural Resource Usage between 17 July and 13 August 2019 at the Company’s subsidiary LLC «Tardan Gold» . The Company is now able to provide shareholders with an update: The Company presented its objections [...]
Tardan Production Within 9m 2019 the Company was focused on stripping works in order to secure access to ore going forward. Volume of stripping works amounted to 776.3 thousand m3. Mining operations were carried out on Pravoberezhniy deposit which is going to be main source of ore in 2019. Total 9m 2019 gold production was 429.6 kg , an increase of [...]
Auriant Mining AB has finished test work at the new CIL plant at Tardan and has begun loading tailings into the plant as the next step towards full production. This is required to ensure that the equipment processing ore slurry operates before high grade ore is introduced. This will continue for 2 weeks before commercial production commences in the [...]
Auriant Mining AB is pleased to announce that the company has started test work on the new CIL plant at Tardan to ensure that the equipment works correctly and safely. Test work will continue until management is confident that the plant can operate fully. Management believes that commercial production will commence in the second half of October [...]
Highlights: During H1 2019, mining operations were carried out at the Pravoberezhniy deposit, which will be the main source of ore in 2019. 189.2 thousand tonnes of ore were mined at an average grade of 2.59 g/t. Volume of stripping works amounted to 515 thousand m3. In H1 2019, Tardan continued production on the heap leach. 172.6 thousand tonnes [...]
