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New Prospects of Ukrainian Gold New Prospects of Ukrainian Gold

Interview with Nikolay Gozhik, Head of Business development, Ukrainian office representative of Avellana Gold. - What do you think about gold mining in Ukraine – what are the problems and prospects? Muzhievo gold deposit is in fact the first project on polymetal mining in the history of independent Ukraine. Is the country actually ready for such a large-scale project? - Mining is currently…

Decade of Gold Mine Declines Poised to Spur Deals Decade of Gold Mine Declines Poised to Spur Deals

Mine supply may fall about a third in the 10 years to 2025, according to Bloomberg calculations based on forecasts from BMO Capital Markets and Randgold Resources Ltd. The number of newly discovered primary gold deposits fell to three in 2014, from a peak of 37 in 1987, according to Melbourne-based industry adviser MinEx Consulting Pty. «What we’ll possibly see is consolidation in the industry…

Avellana Gold has started implementation of social programs Avellana Gold has started implementation of social programs

We are glad to announce that Avellana Gold has launched the first social activities in Muzhievo. These are only the first steps that should be turned into extended social program dedicated to improve living standards. Avellana Gold is actively encouraging both Muzhievo and regional community to participate and mutually work out comprehensive document that can really contribute to improvement of ex…

Chief Executive Officer Avellana Gold Company Brian C Savage appealed to the Prime Minister of Ukraine Volodymyr Groysman Chief Executive Officer  Avellana Gold Company Brian C Savage appealed to the Prime Minister of Ukraine Volodymyr Groysman

Avellana Gold CEO Brian C Savage has recently sent an open letter to the Prime Minister of Ukraine Volodymyr Groysman in which he asked for support in organizing the meeting with representatives of the Government of Ukraine and the National Investment Council. In particular, the letter contained a vision of further development of the company – to make Avellana Gold a flagship project that would…

ANALYSTS STILL BULLISH ON GOLD  ANALYSTS STILL BULLISH ON GOLD

DESPITE weakness over the past fortnight, analysts believe it’s onwards and upwards for gold. Gold has struggled over the past two weeks as the US dollar strengthens and the chances of a US interest rate rise in December increases. The decline of Donald Trump in the US presidential election polls has also removed a perceived catalyst for gold, though Sprott noted overnight that Hillary Clint…

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