Auriant Mining AB

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 to some of the findings that Rosprirodnadzor had raised, and Tardan Gold [...]

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 108% compared to 206.3 kg in 9m 2018. Ore mined amounted to 332.5 thousand [...]

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 middle of November. Ore continues to be irrigated from the heap leach and [...]

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 2019. The 2019 production forecast for the year remains at 940 kg and we will [...]

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 of ore with an average grade of 2.23 g/t were stacked. In H1 2019, heap [...]

The Company's subsidiary LLC «Tardan Gold» has received a report setting out the findings of the inspection carried out by the Russian State Service for Supervision of Natural Resource Usage during the period from 17 July until 13 August 2019. Rosprirodnadzor has concluded that LLC «Tardan Gold» has breached several terms of its subsoil use licenses and has given the company until 13 February 2020 [...]

Tardan Production During H1 mining continued at the Pravoberezhniy deposit, which will be the main source of ore in 2019. 189,200 tonnes of ore was mined at an average grade of 2.59 g/t. Also, 515,000 m3 of stripping works was carried out. In H1 2018, no mining operations were carried out as Auriant made the decision to halt mining operations at Tardan in order to save the ore for the CIL plant, and thus, maximize long [...]

Auriant Mining AB is pleased to announce that it has obtained a new exploration license for the Ayen creek basin , via its subsidiary LLC “Tardan Gold”. The Ayen creek license is adjacent to the existing Kara-Beldyr license to the North-East. The license was awarded by Rosnedra without an auction. The value of this license will depend on an initial assessment of its geological potential. This is based on the [...]

On the 18 May 2019, the Deputy Minister of Economic Development of the Russian Federation, Petr Zaselskiy and his team visited the Tardan mine. The visit was in connection with the governmental meeting on state support for the plan of comprehensive social and economic development of Tyva, which was held in Kyzyl on 20 May 2019. Alexander Brokert, the First Deputy to the Head of the Government of Tyva, was also among the [...]

Highlights: In Q1 2019, the Company focused on carrying out stripping works in order to secure access to the ore body in the future. Volume of stripping works amounted to 274.3 thousand m3. Mining operations were carried out on Pravoberezhny deposit, which will be the main source of ore in 2019. During Q1 2019, the Company continued CIL construction. The Company first broke the ground on the construction site in May 2018 [...]