Location:
Russia, Kazakhstan, Burkina Faso and Guinea
Established:
Severstal Gold business established in 2007.
Acquired:
2007-2011
Ownership:
Severstal owns 100% of Nord Gold N.V. which controls more than 50% of share capital in all gold business units.
Facilities
Reserves
As of 1 November 2010, the company’s resource base consisted of 23.0 moz of gold resources on a fully consolidated basis and 103 moz of silver resources (represented by 50 per cent. interest in the Prognoz silver deposit) classified as measured, indicated and inferred according to JORC and 8.9 moz of proven and probable gold reserves according to JORC.
Sites
Neryungri-Metallic
Aprelkovo
Holbinsky
Irokinda
Berezitovy
Taparko
Suzdal
Lefa
Results
Indicative annual output
589.1 koz (18.3 tonnes) in 2010
Products
Gold
Other key information
Accourding to 2010 results Severstal Gold Segment became second
largest gold producer in Russia by output.
Address
Nord Gold N.V. Strawinskylaan 3105,
Amsterdam,
The Netherlands, 1077 ZX Phone: +31 20 406 4480 Fax: +31 20 406 4555 Web site: www.nordgold.com