Pavlik Gold Ore Company JSC holds a license for search, exploration and ore gold mining at Pavlik 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 2015, 1.1 tons of gold were produced. In 2016, gold production amounted to 3.8 tons with an output capacity of 3.7 million tons. In 2017, gold production amounted to 6.5 tons with an output capacity of 5.0 million tons.
According to the results of 2017, JSC “PAVLIK” took the 9th place (ТОР 10) in the production of gold in Russia.