scholarly journals The mechanism of the gold loan and its use in the gold mining industry

Author(s):  
V. T. Borisovich ◽  
Z. M. Nazarova ◽  
B. S. Madzhidov

The essence of the gold loan and its role in the formation of the market of the precious metals have been considered. The gold mining companies are stated to be the main users of the borrowed gold. The main uses of the gold loans have been presented, including uses by gold mining companies, for the development of the mining industry and refinancing the debt. The modern problems of the functioning of the market for gold loans have been considered. The role of Central and commercial banks in the development of the market for gold loans has been reflected. The mechanism of the operation of the gold loan has been represented. The benefits of the gold credit for the gold mining industry compared to a conventional loan have been reflected.

Author(s):  
Eduard Barinov

The article discusses the state of the precious metals market. The main focus is on the gold market, namely, production, demand, and prices. The role of Central banks in the precious metals market is noted. The state of the gold market in certain Western countries is analyzed. The role of London as a global center of gold is noted. The gold market in Russia is considered separately: the production of precious metal, the role of banks, the country,s Central Bank, and gold mining companies. Data on the state of the silver, platinum and palladium markets are provided.


2018 ◽  
Vol 212 ◽  
pp. 01016
Author(s):  
Elena Golovina ◽  
Anastasia Dykusova ◽  
Maxim Zhizhelev

In Russia and abroad, the scope of the use of gold has significantly expanded, which undoubtedly affected the level of production. However, despite the fairly high rates of gold mining, the economic situation that has developed in recent years makes the companies look for new innovative placer processing technologies that will allow preserving and increasing the extraction of the precious metals. The search for and exploration of new placer gold deposits requires very considerable financial resources and time, and therefore the proposed project for the extraction of alluvial gold from technogenic deposits is of great importance for the functioning of the mining industry of the Irkutsk region, since it helps to overcome at least two negative trends: firstly, the deterioration of the mineral resource base, and secondly, large losses of gold with dump products (up to 50%) associated with the use of obsolete washing equipment. Modernization of production capacities and processing technologies is not only one of the main factors for increasing competitiveness in the gold mining industry and attracting investors, but will also help increasing the mineral resource base of the Irkutsk region by reassessing technogenic deposits, setting gold technogenic deposits on the balance, development of technologies for technogenic deposits and processing, and involvement of technogenic deposits in the mass processing.


2018 ◽  
Vol 56 ◽  
pp. 04012
Author(s):  
Irina Kradenykh

The gold mining industry of the Russian Far East has a great development potential, whose economic growth largely depends on the efficiency of developing a unique mineral resource base. To do this, it is necessary to solve a number of tasks, including the management and organization of economic activities of enterprises engaged in the extraction of placer gold in medium and small volumes. Gold mining companies themselves positively assess the prospects for the development of the industry, despite the preservation of external restrictions imposed by Western countries. At the same time, the current position of the modern gold mining industry is determined not only by the state of the Russian economy, but also by a number of branch features related to the management of gold mining at the enterprise level. At the present time, there are increasing questions about the feasibility of consolidation of small and medium mining enterprises, which will allow them to overcome current trends in the economic development of the industry, by combining their own resources. At the same time, in practice, reverse phenomena are observed, indicating that the industry is segmented and the number of mining companies developing placer deposits is gradually increasing. However, consolidation processes, in the form of integration associations, represent one of the directions of development and effective functioning of Russian gold mining enterprises, therefore they require comprehensive research and remain relevant.


10.12737/3616 ◽  
2014 ◽  
Vol 2 (1) ◽  
pp. 18-26 ◽  
Author(s):  
Ирина Краденых ◽  
Irina Kradenykh ◽  
Алексей Барчуков ◽  
Alyeksyey Barchukov

In modern economic conditions effective methods are necessary for the Russian gold mining companies for development of production, increase of competitiveness, profitability growth. The integration processes directed on consolidation of the medium-sized and small companies, are objective inevitability of a further stage of development of the Russian gold mining branch.


2021 ◽  
pp. 179-191
Author(s):  
В.М. Заернюк ◽  
Ю.В. Забайкин ◽  
А.С. Давшан

Современная горнодобывающая отрасль – это технологически продвинутый сектор, которому нужна квалифицированная рабочая сила. Мировой спрос на соответствующих специалистов ставит перед многими компаниями отрасли сложные задачи, и золотодобывающие компании не является исключением. В статье на основе открытых источников сайтов золотодобывающих компаний РФ сделан анализ действующих практик ряда ведущих компаний золотодобычи по выработке новых моделей организации обучения, переподготовки работников. Показан положительный опыт компаний Полюс и Полиметалл по обучению работников, благодаря чему осуществляется непрерывный процесс создания команды профессионалов, навыки которых помогли им выйти на лидирующие позиции в отрасли. Результаты этого анализа могут быть использованы на различных уровнях организации обучения кадров на предприятиях золотодобывающей сферы. Анализ современных исследований показал малочисленность сведений, раскрывающих специфику обучения работников золотодобывающих компаний, на преодоление этого пробела и направлено наше исследование. С целью определения эффективного опыта золотодобывающих предприятий по выработке новых моделей организации обучения, переподготовки работников в рамках настоящего исследования проведен анализ официальных сайтов ведущих золотодобывающих компаний России – ПАО «Полюс», Компания «Полиметалл», АО Чукотская ГТК», АО «Южуралзолото» ГК «Петропавловск», АО «Павлик», ПАО «Сусманзолото», и ПАО «Селигдар» The modern mining industry is a technologically advanced sector that needs a skilled workforce. The global demand for relevant professionals poses challenges for many companies in the industry, and gold mining companies are no exception. The article analyzes the current practices of a number of leading gold mining companies to develop new models for organizing training and retraining of employees on the basis of open source sites of gold mining companies of the Russian Federation. The positive experience of Polyus and Polymetal companies in training employees is shown, thanks to which a continuous process of creating a team of professionals is carried out, whose skills have helped them to reach a leading position in the industry. The results of this analysis can be used at various levels of organization of personnel training at gold mining enterprises. The analysis of modern research has shown the paucity of information that reveals the specifics of training employees of gold mining companies, and our research is aimed at overcoming this gap. In order to determine the effective experience of gold mining enterprises in developing new models for organizing training and retraining of employees, this study analyzes the official websites of the leading gold mining companies in Russia-PJSC Polyus, Polymetal, JSC Chukotka SCC, JSC Yuzhuralzoloto, Petropavlovsk Group of Companies, JSC Pavlik, PJSC Susmanzoloto, and PJSC Seligdar.»


2022 ◽  
Vol 962 (1) ◽  
pp. 012023
Author(s):  
M A Latysheva

Abstract The article considers the current state, problems and prospects of gold mining in the Trans-Baikal Territory. There has been an increase in the volume of gold production from ore and placer deposits over the past 5 years. Placer deposits make up a significant part of the total production volume. The reduction of reserves in placers and the decrease in the quality of minerals in them open up new prospects for the extraction of precious metals, namely in ore gold mining. The extraction of placer gold, even with the best existing technologies, remains a sector of high environmental risk, in many settlements there is a gradual decline in the population and the “extinction” of settlements, as well as illegal gold mining is gaining momentum. Neither regional nor federal environmental supervision bodies have the opportunity to resist the destruction and degradation of nature from the extraction of placer gold. In general, this leads to an increase in the negative impact of placer gold mining on natural complexes and socio-economic sustainable development of regions and municipalities on the territory of which this type of activity is carried out, an increase in accumulated environmental damage.


2014 ◽  
Vol 16 (2) ◽  
pp. 247-266 ◽  
Author(s):  
Ainsley D. Elbra

Mining companies are increasingly seen as co-governors of sub-Saharan Africa's gold mining industries, sharing sovereignty with states through private governance initiatives. Using interviews with company executives from the continent's largest gold mining firms this paper highlights the private authority of these firms vis-à-vis the state. This paper firstly examines the globalization and governance literature, focusing on why states share sovereignty with non-state actors. Secondly, a “three faces of power” framework is employed to understand how authority is exercised. Thirdly, private governance regimes specific to the mining industry are outlined. Finally, individuals’ and firms’ attitudes towards these private governance regimes are examined through an analysis of elite interviews. The theoretical and empirical analysis demonstrates that firms are formulating rules in order to increase certainty and reduce investment risk. These firms are engaging in private governance initiatives to build reputations as industry experts thereby controlling the regulation of their sector, rather than sharing authority with states.


2020 ◽  
Vol 192 ◽  
pp. 03007
Author(s):  
Irina Kradenykh ◽  
Aleksei Barchukov

The subject of the article is the search for an effective strategic solution within the framework of sustainable development of gold mining enterprises belonging to small and medium-sized mining businesses. The purpose of the study is to analyze the problem and provide a theoretical justification for the feasibility of horizontal integration for this category of gold mining enterprises. The scientific article reveals the processes of development of the gold mining industry, taking into account the state of the mineral resource base of placer gold. The role of horizontal integration and the feasibility of its application in the framework of enterprises belonging to small and medium-sized mining businesses are outlined. A method for evaluating the effectiveness of a horizontally integrated gold mining enterprise is proposed, taking into account potential synergetic effects and the possibility of production diversification. These approaches, even at the project stage, will allow us to assess the feasibility and effectiveness of the planned consolidation.


Author(s):  
Jeremy Mouat

ABSTRACT This article examines the role of technology and applied science in British Columbia's hard rock mining industry. It focuses on a transitional period, from the decline following the gold rushes of the mid century through to the emergence in 1906 of Cominco, a vertically-integrated mining and smelting complex typical of the large mining companies of the twentieth century. Although many contemporary observers held a naive faith in the possibilities of science and technology, the article argues that the transition to "modern mining" was more difficult and more complex than they had anticipated and its outcome a good deal more ambivalent.


Author(s):  
Aleksandr V. Popov ◽  

The article is devoted to the problems of the current state of the Indonesian gold-mining industry, the role of this country in the world gold production, and also the situation of the biggest gold-ore deposits of Indonesia and the companies exploiting them.


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