Gold Mining Industry

Projects in the gold mining industry are implemented by our Client - the largest investor in the gold mining industry of the Russian Federation.

The gold mining industry in Russia and the world continues to develop: gold mining and production volumes are growing, new assets are being put into operation, new players are emerging, and significant mergers and acquisitions are taking place.

Amid the spread of COVID-19, macroeconomic instability, falling interest rates, and weak financial and currency markets, investors around the world are demonstrating increased demand for gold as a "safe haven" asset, as a result of which its prices are rapidly rising.

According to the results of 2020, Russia's position against the background of competing countries is very enviable: Russia has reached 2nd place in the world rankings, and, most likely, it will consolidate there for a long time.

3 countries from the TOP-5 (China, the USA and Canada) continue to reduce production volumes, while Russia and Australia are increasing these volumes.

As for the largest mining companies, the TOP-20 includes 4 Russian gold mining companies, three of which mine not only in our country, and the fourth mines gold only in Russia.

It is expected that in the next 5-10 years, there will be an increase in production volumes in a number of traditional mining regions (especially in the Magadan Region, Yakutia, Chukotka, Khabarovsk Krai and Transbaikalia, but not only in them). In addition, new mining regions will appear due to Karelia, the Murmansk and Arkhangelsk Regions, Komi and the Khanty-Mansiysk Autonomous Okrug, and a number of other possible regions.                        

Contact us to find out about current job openings on the project!

Ввверх
Powered by Cornerstone