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June 3, 2022updated 15 Jun 2022 10:31am

Five largest gold mines in Russia in 2021

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 1,098 Thousand Ounces of gold in 2021. The mine will operate until 2030.

2. Natalka Mine

Located in Magadan Oblast, the Natalka Mine is owned by Polyus . The surface mine produced an estimated 498.7 Thousand Ounces of gold in 2021. The mine will operate until 2042.

3. Kupol and Dvoinoye Mine

The Kupol and Dvoinoye Mine is located in Chukotka Autonomous Okrug. It is owned by Kinross Gold and produced an estimated 434.6 Thousand Ounces of gold in 2021. The mine will operate until 2025.

4. Blagodatnoye Mine

The Blagodatnoye Mine, owned by Polyus , is a surface mine located in Krasnoyarsk Krai. The mine produced an estimated 424.4 Thousand Ounces of gold in 2021. The mine will operate until 2035.

5. Verninskoye Mine

Owned by Polyus , the Verninskoye Mine is a surface mine located in Irkutsk Oblast. It produced an estimated 300.5 Thousand Ounces of gold in 2021. The mine will operate until 2037.

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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