Aldanzoloto GRK

The history of Aldanzoloto GRK dates back to 1924 when Yakutia State Gold Mining Trust was created and later named Aldanzoloto.

99.2% of OJSC Aldanzoloto GRK was acquired by Polyus Gold in September 2005.

OJSC Aldanzoloto GRK now stands as the largest gold producer in the Republic of Sakha (Yakutia) and develops Kuranakh gold deposit. Kuranakh mine employs over 2000 people.

In 2005 Kuranakh mine yielded 4.1 tons of gold of which Polyus accounts for 1.1 ton produced in the Q4 2005.

Since Aldanzoloto GRK was acquired by Polyus, mine development program was designed that included new feasibility study, fleet expansion and production upgrade.