Russia's Natalka Gold Mine Has Produced 8,000 Gold Bars Since 2017
2026-05-22 15:40
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en.Wedoany.com Reported - The Natalka gold mine processing plant has smelted its 8,000th commemorative gold bar. The processing plant is located at the Natalka deposit in Magadan Oblast and is operated by Polyus Magadan, a subsidiary of PJSC Polyus. The tally has been kept since 2017, the very year the Natalka processing plant began commissioning work. Since the plant commenced operations, specialists have meticulously recorded the weight, precious metal content, production date, and other key characteristics of each cast gold bar. The 8,000th commemorative gold bar weighs 21.5 kilograms with an average gold content of 72%.

Sergey Shimokhin, Production Director of Polyus Magadan, noted that the 8,000th gold bar represents a significant achievement for the entire Natalka processing plant, emphasizing that it is more than just a number—it reflects the daily work of a large team. He stated that the enterprise continues to increase its production pace, introduce new solutions, and enhance the efficiency of production processes, but the main factor enabling stable operations and these results is the people, along with their professionalism and dedication.

In 2025, gold production at the Natalka processing plant increased by 25%, reaching 567,000 ounces (16 tonnes). Furthermore, last year the plant's specialists also produced their 100th tonne of gold.

The Natalka processing plant (JSC Polyus Magadan) is located in the Tenkinsky District of Magadan Oblast. The plant was hot-started in September 2017 and reached its design capacity a year later, currently possessing an annual ore processing capacity of 12.4 million tonnes. The Natalka deposit has proven and probable reserves of 10.2 million ounces (317 tonnes) of gold, with measured and indicated resources of 28 million ounces (871 tonnes).

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