Nordgold

Nordgold invested approximately $20 million to expand and upgrade the mining fleet at its Gross gold mine in Yakutia.

Nordgold has signed a $23 million EPC agreement with SUMEC to design and construct a 33 MW heavy fuel oil power plant at its Lefa gold mine in Guinea, expected to be completed by the end of 2021.

Nordgold signed an EPC agreement with SUMEC to design and construct a 33 MW heavy fuel oil power plant at its Lefa mine in Guinea. The plant is expected to be completed by the end of 2021.

Nordgold and Vostochnaya Technica have signed a strategic agreement for mining equipment maintenance, spare parts supply and staff training at Nordgold's Russian operations.

Nordgold signed a strategic agreement with Vostochnaya Technica, a Cat dealer in Russia, for maintenance, spare parts supply and training to improve the performance of its 40-unit Cat mining fleet at the Gross, Taborny and Irokinda mines.

Terra Nova Technologies (TNT) is installing a portable conveying and stacking system at Nordgold's Gross open-pit heap leach project in Yakutia, Russia. The contract covers design and supply of overland conveyors and mobile stacking systems.

Nordgold and Vostochnaya Technica signed an agreement to supply primary mining equipment and services to the Gross gold project in Russia. The total value is estimated at US$60 million over 5 years, with the mine expected to launch in 2018.