Nordgold

Nordgold expanded its flagship Bissa mine with the launch of a heap leach operation at the nearby Bouly deposit in September 2016.

[4] On 3 June 2021, the company announced plans to go public again, reportedly targeting market capitalisation of $5bn with the sale of up to 25% via a dual listing in London and Moscow.

[7] Gross is an all-season open-pit heap leach project, located in southwestern Yakutia, Russia, 4 km east of the Neryungri mine.

By completing the BFS and a minimum expenditure outlay of US$30 million, Nordgold fulfilled all the requirements of an option agreement with partner Columbus Gold Corporation, and in September 2017 acquired 55.01% stake in the Montagne d'Or project.

At the same time Nordgold signed a Shareholder Agreement with Columbus outlining the rights and obligations of each joint venture partner in respect of the project management and development.

There is a village, port and airstrip within ten kilometres of the property and an all season road in the eastern part of the project provides access to the Pistol Bay camp and to most of the known gold occurrences.

Based on current In November 2021, Uriakh company, a part of Nordgold, came out on top in the auction for a Bakhtarnak prospect with expected 74 tons of hardrock gold in Transbaikal.

[13] Following the Russian invasion of Ukraine in February 2022, Alexey Mordashov was sanctioned by the US, leading him to transfer control over 1.1 billion stakes to his wife, Marina Aleksandrovna Mordashova.