Gold segment includes all Severstal's gold mines and gold exploration projects.
General information
Location:
Russia, Kazakhstan and Burkina Faso
Established:
Severstal Gold business established in 2007.
Acquired:
2007-2009
Ownership:
Severstal contols more than 50% of share capital in all gold business units.
Facilities
Reserves
The resource base is around 600 tonnes of gold
Sites
Neryungri-Metallic
Aprelkovo
Holbinsky
Irokinda
Berezitovy
Taparko
Suzdal
Results
Indicative annual output
6 metric tonnes of gold (attributable to Severstal) in 2008
Products
Gold
Other key information
Accourding to 2008 results Severstal Gold Segment became fourth largest gold producer in Russia by output. After the acquisition of the control stake of High River Gold in November 2008 (with more than 6 tonnes of output in 2008), Severstal Gold Segment becomes one of the largests Russian gold producer by output.