The last year was an eventful one for the gold price. According to the most recent data from the US Geological Survey (USGS), the gold price rose about 9 percent year-on-year, while the Engelhard daily gold price fluctuated through several cycles. Read on to learn more about the top gold-producing countries of the last year, based on the most recent numbers reported by the USGS. 1. China Mine…

Avellana Gold got new opportunities for running business in Ukraine and establishing cooperation with world leaders in different spheres. The Company has recently joined European Business Association – one of the most influential communities, which represents investors in Ukraine in order to improve investment climate in the country. European Business Association decide…

Senate of Canada ratified an agreement on free trade with Ukraine.The Senate Committee on Foreign Affairs and International Trade is confident the trade deal will benefit both countries’ economies and signal Canada’s strong, ongoing support for an emerging democracy and a longstanding partner. Free Trade Agreement Implementation Act was adopted with one accord. This is more than just a free…

Environmental situation in the territory of Muzhiyevo deposit is difficult, since after the activity of previous mining companies ore dumps have been left in the vicinity. They contain concentrated ferric sulphides and other heavy metals oxidizing surface water run-offs. Elimination of such consequences is the primary task of Avellana Gold in the territory: the company has already started reclamat…

These days there has taken place the meeting of the CEO of Avellana Gold Brian Savage with the representatives of the Ministry of Economy of Ukraine and the State Services of Geology and Deposits of Ukraine. The representatives have discussed attraction of investment in Ukraine as exemplified by Muzhiyevo polymetallic deposit, as well as technical issues relating to the project implementation.…