We operate four gold producers: Madneuli and Quartzite in Georgia, GPM Gold in Armenia, as well as Sarylakh-Surma and Zvezda in Russia.
Georgia
Madneuli processes copper gold-bearing ore using a flotation process at the Madeneuli GOK beneficiation plant.
Quartzite has been processing pre-existing gold-bearing ore dumps at the Madneuli deposit utilizing a heap leach method. Ore is processed by crushing and heap leaching using cyanide solutions. Gold is recovered from solutions using a CIL method before being smelted into Dore bars.
Armenia
GPM Gold mines gold ore at the Zod deposit and transports it by rail to the Ararat processing plant in Armenia. At the Ararat plant, ore is milled and then processed through CIL leaching.
Russia
Sarylakh-Surma and Zvezda: ore from the Sarylakh and Sentachan deposits is used to produce gold in the form of sand.
