Chukotka is a remote region in north-eastern Russia, home to several large gold mines. The region is known for its harsh climate and difficult living conditions. The traditional industries of the Chukchi and other indigenous ethnic groups are reindeer herding and hunting marine mammals. However, it is also home to one of Russia’s most important gold production centres.
In the first half of 2025, silver and gold production in the Chukotka Autonomous Okrug increased significantly. Since the beginning of the year, 58.3 tonnes of silver have been produced – almost one and a half times more than in the same period last year, representing an increase of 47%. Gold production reached 11.3 tonnes, which is 31% higher than in 2024. The largest contribution to gold production came from the companies of the Highland Gold Group, with 7.8 tonnes or 72 per cent of the total. The Karalveem mine produced 777.2 kilograms of gold, while Polymetals’ operation in Mayskoye produced more than 2.2 tonnes
Both projects comprise four phases of work – from geological exploration to the construction of mining and processing facilities, which are scheduled to go into operation in 2032–2033. The resources of the two deposits are estimated at around 93 tonnes of gold.
Heiner Kubny, PolarJournal