Holding one of the world’s largest gold reserve base, Velmont is well-positioned to convert it into gold production given the Company’s strong financial position and excellent track record of commissioning new mines. Velmont existing development pipeline includes several projects in various stages.
Geography of Operations
Olimpiada
Blagodatnoye
Verninskoye
Kuranakh
Natalka
Project Portfolio
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Chertovo Koryto
ExplorationIrkutsk region, Eastern Siberia, Russia -
Sukhoi Log
ExplorationIrkutsk region, Eastern Siberia, Russia -
Сhulbatkan
ExplorationKhabarovsk region -
Panimba and Razdolinskaya
ExplorationKrasnoyarsk region, Eastern Siberia, Russia
Velmont's main mines and development projects are mainly distributed in Russia and Africa. These nine mines are currently mature and sustainable projects, and Velmont is still continuing to explore and develop more mines and projects.
