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The World Gold Council is the market development organisation for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market.

We develop gold-backed solutions, services and products, based on authoritative market insight and we work with a range of partners to put our ideas into action. As a result, we create structural shifts in demand for gold across key market sectors. We provide insights into the international gold markets, helping people to understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.

Based in the UK, with operations in India, the Far East and the US, the World Gold Council is an association whose members comprise the world’s leading gold mining companies.

For more information, visit www.gold.org

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Highland Gold Mining Limited was incorporated in Jersey on 23 May 2002 for the purpose of acquiring, consolidating and developing a portfolio of quality gold mining projects in the Russian Federation with good growth potential.

Highland’s vision is to become the most profitable gold mining company in Russia and Central Asia with a firm commitment towards safety, health and the environment, and social responsibility towards employees and communities.

Highland Gold Mining is a well-established gold producer with a world class Russian asset base of producing, development and exploration projects. It has strong management and operational teams with local and international expertise, and an exciting portfolio of JORC audited resources

Highland Gold’s operations are located around three main hubs in the Khabarovsk, Zabaikalsky and Chukotka regions of Russia, as well as in Kyrgyzstan in Central Asia. The Company currently has three operating mines, three development projects, and three exploration properties.

Highland Gold has 325,222,098 common shares in issue which, since December 2002, have traded on AIM in London under the symbol “HGM”.

Core shareholders include Millhouse LLC (through Primerod International Ltd) and company management.

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Kinross Gold is a Canadian-based gold mining company with mines and projects in Russia, the United States, Brazil, Chile, Ghana and Mauritania, employing approximately 9,000 people worldwide. Kinross has been present in Russia since 1995 and to date is the largest foreign investor in Russia’s gold mining industry. Main Kinross assets in Russia: Kupol mine (“Chukotka Mining and Geological Company”) and Dvoinoye mine (“Northern Gold”), both located in Chukotka. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).

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Polymetal International is one of the world’s largest producers of primary silver and is one of Russia’s three largest gold mining companies. The Company’s production facilities are spread across four regions of Russia – Magadan, Chukotka, Khabarovsk and Sverdlovsk – Kazakhstan and Armenia.

Polymetal International carries out the full range of deposit development, from exploration to production. One of the key elements of the Company’s strategy is to set up large processing hubs and to position the operations around them in order to maximise staff and cost efficiencies, and to optimise return on investment.

In November 2011 Polymetal International completed its premium listing on the London Stock Exchange (Ticker: POLY).

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SRK Consulting is the world’s first one-stop consultancy offering specialist services to mining and exploration companies for the entire life cycle of a mining project from exploration through to mine closure.

Among SRK Consulting’s clients are most of the world’s major and medium-sized mining houses, exploration companies, banks, audit firms and government departments.

Formed in Johannesburg, South Africa in 1974, SRK now employs over 1,500 professionals in 50 permanent offices in 22 countries on six continents.

In 2009 SRK Consulting opened its office in Moscow. Opening of the office in Russia has allowed SRK Consulting to provide its excellent quality technical solutions in Russian and with consideration of the existing Russian legislation in the sphere of subsoil use.

SRK Consulting employs leading specialists in each field of science and engineering. Its seamless integration of services, and global base, has made the company the world’s leading practice in due diligencefeasibility studies and confidential internal reviews.

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EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY works together with companies across the CIS and assists them in realizing their business goals. 4,800 professionals work at 20 CIS offices (in Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Kazan, Krasnodar, Togliatti, Vladivostok, Yuzhno-Sakhalinsk, Rostov-on-Don, Almaty, Astana, Atyrau, Bishkek, Baku, Kyiv, Tashkent, Tbilisi, Yerevan, and Minsk).

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
For more information about our organization, please visit ey.com.

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DMT GmbH & Co. KG is an independent engineering and consulting company active all around the world. The firm’s activities focus on the fields of mining engineering, natural resources exploration, construction and infrastructure projects, safety in buildings, product testing and measurement instrumentation in industrial settings and cokemaking technology.

DMT provides consultancy services and assistance which are tailored specifically to the clients’ needs. It also provides impartial assessment or in the following six business units:

–            International Mining Consulting
–            Exploration & Geosurvey
–            Geo Engineering
–            Cokemaking Technology
–            Industry Systems
–            Building Safety

We provide multi-disciplinary engineering services to assist mining and exploration/development companies at all stages of the mining life-cycle, from the initial exploration stage, onwards. DMT´s joint-venture subsidiary IMC Montan is the leading consultancy, representing group´s interest and competence for over 20 years in cooperation with mining companies and investors in Russia and CIS countries.

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IMC Montan is an independent international mining consultancy and one of the leading consulting companies in mining sector of Russia. The Group also includes such companies as DMT GmbH & Co. (Germany), WYG Plc. (UK).

IMC Montan successfully operating in Russia and the CIS since 1992. Since then the company implemented over 450 projects for Russian and international mining companies, investors and banks.

IMC Montan is a recognized technical consultant and sector expert; its opinion is respected by analytical agencies, financial institutions and Russian state supervisory bodies.

The range of the Company consulting services covers all solid minerals, all types of deposits and full cycle of the mine life.

Disciplines covered by the Company services include reserve audit in compliance with international standards, technical and technological consulting, feasibility studies, higher labour productivity or core business production build-up justification, engineering services.

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OGK Group is the consortium comprised of Russia’s leading exploration service companies.  It provides prompt, high quality maintenance services of geological exploration with guaranteed fulfillment of contractual obligations.

The Group unites a number of leading exploration service companies in the country, whose experts accumulated the experience in exploration project management over many years in this business. This country-wide business coverage allows the Group to help its customers significantly reduce their costs on mobilisation and other works, as well as ensure access to almost any necessary equipment in any quantities.

The company’s mission:

  • Creation of competitive consortium of experts in the exploration service market with unitary high standards and country-wide business coverage.

The company’s strategy:

  • Concentration of investment and administrative resources for the creation an industry leader in Russia and former Soviet Union;
  • Diversification of investments in business assets;
  • Active use of partnerships and alliances to maximise the effect of joint investment;
  • Strong management team;
  • Application of international management standards and advanced technologies;
  • Social responsibility and general humanitarian values.

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Pavlik Gold Ore Company holds a license for search, exploration and ore gold mining at Pavlik deposit, Tenkinsky District, Magadan Region of the Russian Federation since 2007. Within 2007 – 2011 a detailed exploration of the deposit and its flanks, a considerable volume of core drilling, bulk sampling, hydrogeological, geotechnical, environmental studies and a complex of detailed geophysical works were carried out. In 2013 was prepared constant exploration conditions approved by GKZ Rosnedra with “On-Balance” reserves (C1+C2) 154.3 (t) gold. Resources of Russia P1 category estimates 61 (t) gold. Average gold grade is 2.5 g/t. Accordance with JORC, indicated resources estimates 163.5 (t) gold, inferred resources estimates 53.8 (t) gold.

At the end of 2014, started mining, and in mid-2015 was the first gold production.

In the near future the company intends to complete the preliminary exploration of the deposit Rodionovskoe”, Magadan region. In addition, the company exploration activities on the deposits “Burkhalinskoye”, “Shakhskoye”, “Utinskoye”. also Magadan region.

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Urantzvetmet have been running drilling, geological and exploration operations worldwide for over 10 years.  In the field of exploration we gained the confidence of the largest mining enterprises.

The company staff is over 300 highly competent specialists, working, at the moment, on 3 continents: Africa, Eurasia and South America. Right from the start we carried out 120 projects and drilled over   3.4 million linear meters of geological boreholes.

Core projects are connected with exploration for precious metals: gold, silver, platinum. Also a great number of projects in exploration for copper, ferrum, rare metals etc. are carried out.

Company project portfolio is enlarged with researches of radioactive ores. The company has all necessary Certificates and expertise to carry out works keeping up to safety norms to preserve environmental ecology.
Following the results a number of projects, through qualified and quality work, mining enterprises for thousands of working places were built, which supply million tons of mineral resources for the needs of world industry.

Urantzvetmet aims at intensive development, and our achievements are premises for further growth.    We strive to strategic partnership and effective work with largest Russian and foreign companies.

Our goal is constant movement to improvements and performance of high quality work. The main priority for the Company is to increase cost-effectiveness of all processes to meet clients’ requirements. We will widen our international representation and ready to provide quality service during all work stages.

Constant improvement of working conditions and regular work for minimization of bad influence on the environment are very important for us.

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WAI has provided the mineral industry with specialised geological, mining, processing and environmental expertise since 1987, initially as an independent company, but from 1999 as part of the Wardell Armstrong Group (WA). Our experience is worldwide and has concentrated on the metalliferous mining sector and coal.

Our parent company is a mining engineering/environmental consultancy that services the industrial minerals sector from nine regional offices in the UK and international offices in Russia and Kazakhstan. Total worldwide staff complement is now in excess of 400.

The Group provides a wide range of services for minerals-related projects. This ranges from preliminary exploration planning, through reserve estimation, mine design and financial appraisal, to bankable final feasibility study.

WAI has a strong client list, including companies and organisations from the private and public sectors, as well as many major lending institutions. In addition, WAI has been involved in many AIM and Full Board London stock exchange listings.

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VNIPIpromtechnologii JSC is a full-service company that performs a full cycle of design and survey works as well as scientific and research works for:
Building and reconstruction of companies that specializes in mining and processing of uranium, rare-earth elements, non-ferrous metals ores and precious metals ores;
Recovery of territories damaged by radioactive waste;
Radiation-dangerous works at handling, operating and liquidation of nuclear weapon and nuclear munitions;
Building of nuclear-waste repositories and radioactive waste disposal facilities;
Liquidation of industrial facilities that were build using nuclear technology;
Handling of radioactive waste, reactor blocks and spent nuclear fuel from atomic submarine utilization.

Currently VNIPIpromtechnologii OJSC is an engineering subsidiary company of ARMZ Uranium Holing Co. It performs design and survey works as well as scientific and research works for both companies of the Holding and the third parties.

Seeking to comply with market demands our company is actively developing itself and its competencies and discovers new areas of activity. The Institute is located in Moscow and has its own exploration base in Moscow area and a branch in the city of Chita. The company has about 500 high-quality specialists. Their working places are upgraded with the modern equipment and software. Our highly skilled specialists are capable to participate in implementation of large-scale projects of development of atomic sector and mining industry.

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Zoloto Kamchatki JSC is the first company started gold mining on territory of Kamchatka currently the largest gold producer in the region.

The Company owns 9 licenses for development  of gold deposits located on the territory of Kamchatka with mineral resource base of more than 12 mln. ounces of gold (375  tonnes of gold).

Geological exploration works are done by the Company management to enlarge mineral resource base of the deposits and guarantee sustainable Company development.

One of the key issues of the Company is responsible use of mineral resources. The crucial task of the Company’s environmental policy is maintenance of the most environmentally friendly mining activity taking into close consideration unique nature of Kamchatka region, standards and requirements of environmental safety.

Zoloto Kamchatki JSC is the major taxpayer of the region. As a result of the Company activity in 2016 the regional treasury will receive several hundred million rubles, 1700 individual working positions introduced.

In cooperation with Far-East Development Fund Zoloto Kamchatki JSC works at regional infrastructure development.

The Company plan for 2016 is to produce more than 5 tonnes of gold in total.

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Norton Rose Fulbright is a global legal practice. We provide the world’s pre-eminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers based in over 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

We have 40 experienced lawyers in Moscow, qualified to practice both Russian and English law. We are particularly strong in mining, which is evidenced by our top ranking in mining in Russia awarded by Chambers Europe 2008-2014 and Chambers Global 2011-2014.

Mining Law Firm of the Year 2012, 2013, 2014

Who’s Who Legal Awards

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NAVGEOCOM is a Russian Leica Geosystems subsidiary. The company delivers surveying equipment, satellite navigation technologies, laser scanning, electro-optical distance measurement systems used in surveying, mining, construction, transportation, and many other industries.

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AMC Consultants is a leading mining consultancy providing services to the exploration, mining, and financial industries. We work with our clients to plan new mines or improve the operations of existing mines, with a primary focus on achieving optimum output and return.

With experience gained on more than 7,500 assignments over 30 years, AMC is an expert in the business of mining. Our expertise spans mining engineering, exploration, geotechnical engineering, geology, feasibility studies, strategy optimisation, technical audits, appraisals, expert reports, and business improvement services. Our clients include mining companies, insurance companies, banks, and investors.


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ContiTech division relates to the world’s leading suppliers of technical elastomer products and is a specialist in plastics technology. ContiTech develops and produces functional modules, components and systems for mechanical engineering and instrument making, mining, automotive industry and other important industries. In 2014, the company ContiTech, together with the associated at the beginning of 2015 the American company Veyance Technologies Inc. achieved a turnover of about 5.4 billion euros (formally). Currently, the Group has about 41,000 employees in 34 countries.

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Established in 2001, GroundProbe has rapidly grown to become a leading provider of safety solutions to the global mining industry. GroundProbe is renowned for its development of the world’s first slope stability radar; a system to monitor mine walls and warn before collapses occur in open pit mines. The company actively assists a global community of mining and infrastructure professionals to make confident, informed decisions to better manage risk, increase productivity, and ensure maximum safety.

GroundProbe serves major mining companies in over 25 countries, and has offices in Australia, North and South America, Asia and Africa. The company employs over 175 staff and 50 support technicians, globally. With a core focus on making mining safer and more productive, GroundProbe’s state-of-the-art technology has detected more than 500 wall failures, and has been awarded with national and international recognition awards for its international product design, innovation, growth, and industry excellence.

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Maptek is a leading global provider of the software, hardware and services for the mining industry. Our solutions help reduce operating costs and improve performances, productivity and profitability.
Our products include Vulcan – mining geological software, I-Site – laser scanners and software for surveyours and geotechnical engineers, Evolution – strategic and tactical planning software, Sentry – monitoring highwall stability, Eureka – geoexploration software, PerfectDig – system to monitor mining and provide design conformance , Blastlogic – accuracy management system for drill and blast operations.

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EMC mining, Ltd. (Mining engineering, management, consulting) is Design Institute that belongs to the group of companies “M-Group” (Mining engineering group). It specializes in the mining and processing industries and provides wide range of services either for existing mining companies, or for the development of new projects. The company specializes in the development of projects development management for mining companies, design for mining objects, techno-economic study, concepts and development plans as well as independent audit.

The company includes departments like mining-and-geological, processing and metallurgical, of hydro-technical facilities, economic audit and analysis, environmental department, constructional department, engineering networks and systems, process control systems, the general plan, and the other departments.

The group of companies «M-group» includes «PromTrade Mining» company, which specializes in installation works and commissioning for processing companies, in supply of processing equipment, installation works management and plants construction.

It performs design of open pit and underground mines, processing and hydrometallurgical plants and heap leaching equipment, tailing dumps, dry stacking grounds and infrastructural facilities.

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IRGIREDMET provides R&D expertise, testwork and process optimization for precious and base metals and diamonds. The activities range from initial investigations to process development and design, construction and commissioning of industrial mines and plants. Working closely with clients and in conjunction with engineering partners, Irgiredmet supplies a flexible package of technology for process development and optimization. We offer a full range of sophisticated facilities for sample preparation and characterization, gravity, flotation, physical separation, smelting, leaching, purification and metals recovery, tails detoxification etc. Our key customers are: Polyus Gold International Limited, GV Gold, Petropavlovsk PLC, Nordgold, Uzhuralzoloto Group of Companies (UGC) JSC, Russdragmet, ALROSA Joint Stock Company, Navoi Mining and Metallurgical Combinat State Company, Group of companies «Russian Platinum».

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Geotechnologies is a leading Russian company in geophysical instrumentation providing sales and services for various types of application. Our specialists have many years experience in development and service of geophysical equipment and software.

Basic activities are

  • Research and development of survey technologies
  • Development and production of geophysical equipment
  • Providing surveys including installation and adjustment of a survey system and data processing
  • Development of geophysical software
  • Support of various geophysical hardware and software
  • Modernization of geophysical equipment

Our developments


Airborne Low-Frequency Electromagnetic System EM-4H
Helicopter Time-domain Electromagnetic System EQUATOR


Airborne Magnetometer GT-MAG
Magnetometer GT-MVS for ground survey
Magnetometer GT-MVS-SB (base magnetic station)
Aeromagnetic Compensation Software REINMAG

Infrared Survey

Airborne Infrared Scanner SCAN-T


Navigation and Data Control System NavDat

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Founded in 1994, Petropavlovsk is one of Russia’s leading gold mining companies, with its core assets located in the Amur region, Russian Far East. We operate some of the largest gold mines in Russia in terms of the volume of gold produced, the capacity of their processing facilities and the size of their mineral resource base. Gold is produced through the application of our expertise across the whole mining lifecycle, from identifying prospective areas to exploration, development, mining and processing. As at 30 June 2016, we have produced more than 6Moz of gold from our assets.

Our next phase of growth will be driven by the creation of a technologically advanced pressure oxidation facility, designed to process our extensive refractory reserves.

The Company is listed on the Main Market of the London Stock Exchange (POG:LN).

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