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September 20, 2021

Five largest gold mines in Russia in 2020

By Carmen

Here are the five largest gold mines by production in Russia, according to GlobalData’s mining database.

1. Olimpiada Mine

The Olimpiada Mine is a surface mine located in Krasnoyarsk Krai. It is owned by Polyus and produced an estimated 1,398 Thousand Ounces of gold in 2020. The mine will operate until 2029.

2. Kupol and Dvoinoye Mine

Located in Chukotka Autonomous Okrug, the Kupol and Dvoinoye Mine is owned by Kinross Gold . The underground mine produced an estimated 463.107 Thousand Ounces of gold in 2020. The mine will operate until 2023.

3. Natalka Mine

The Natalka Mine is located in Magadan Oblast. It is owned by Polyus and produced an estimated 417.088 Thousand Ounces of gold in 2020. The mine will operate until 2042.

4. Blagodatnoye Mine

The Blagodatnoye Mine, owned by Polyus, is a surface mine located in Krasnoyarsk Krai. The mine produced an estimated 411.542 Thousand Ounces of gold in 2020. The mine will operate until 2029.

5. Gross Project

Owned by Nord Gold , the Gross Project is a surface mine located in Sakha (Yakutia) Republic. It produced an estimated 278 Thousand Ounces of gold in 2020. The mine will operate until 2035.

Methodology: This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

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