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Vol. 9, No. 44 Week of October 31, 2004
Providing coverage of Alaska and Northwest Canada's mineral industry


MINING NEWS: Russia’s gold mining opportunities now attractive to international corporations

Most mines are in the Russian Far East, where in some regions gold producers are a primary source of employment and taxes; foreign companies include Kinross Gold, Bema Gold, Peter Hambro Mining and Highland Gold

Sarah Hurst

Mining News Contributing Writer

Russia’s gold mining industry, once ruled by Stalin’s most vicious henchmen, has transformed itself into an attractive prospect for international corporations. Much of the gold mining takes place in the Russian Far East, in Magadan and Chukotka, thousands of miles and several time zones away from Mo....

    [additional news subjects in this story]

Ruble devaluation, new law help industry

Kinross operates in Magadan

Weather a challenge

Bema Gold active in Magadan and Chukotka


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