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Trans-Siberian ups production but accident sparks uncertainty

Higher grades helped AIM-listed Trans-Siberian Gold (TSG) hit record levels of production in the December quarter, but uncertainty surrounds the company’s production outlook for 2021 after two deaths at the start of the year put a halt to operations in the most prospective area of its Asacha mine in Russia.

Oonagh Reidy
Trans-Siberian Gold's Asacha gold mine located in Kamchatka, Far East Russia

Trans-Siberian Gold's Asacha gold mine located in Kamchatka, Far East Russia

TSG reported gold dore production of 15,217/oz in Q4, a 31.5% uplift versus Q3. The strong performance was driven by higher grades at vein 25, the site of a tragic rock fall on January 6. The accident...

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