Pavlik Gold Ore Company
Pavlik Gold Ore Company JSC holds a license for search, exploration and ore gold mining at gold deposit in Tenkinsky District, Magadan Region of the Russian Federation since 2007.
The company successfully implemented a project to create a mining and processing plant.
Construction of Pavlik mine started in 2012 and lasted about three years. At the end of 2014, started mining, the development of the deposit was started, and in April 2015, the facility started commissioning works, in June was the first gold production. In August 2015, the mine was officially commissioned.
In 2020, the production capacity was more than 5 million tons of ore and 7.091 tons of gold. PAVLIK is one of the TOP 10 leading gold mining companies in Russia.
Pavlik expansion. The construction of the Pavlik II mine is ahead of schedule and can be launched into operation in Q1 2023. Reaching the design production rate will double the gold produced.