GV Gold Personnel Changes
GV Gold (Vysochaishy, PJSC), one of the largest and fast-growing gold mining companies in Russia, along with its subsidiaries (hereinafter referred to as “GV Gold”, “Vysochaishy” or “the Company”) announces the appointment of Sergey V. Gostev as CEO of the Company.
Sergey V. Gostev joined the GV Gold's team in 2016 as the Deputy CEO for Economics and Finance of the GV Gold Group. Sergey was actively involved in the major projects to launch the mining enterprises. He was responsible for implementing the investment program and corporate financial strategy. Earlier, he held senior positions in the structures of "Basic Element".
German Pikhoya steps down from his post and leaves the Board of Directors of GV Gold on April 12, 2022.
GV Gold (Vysochaishy, PJSC) is one of the largest and fastest growing Russian gold mining companies. It develops open pit deposits and washes gold at the country’s largest alluvial deposit. In 2021, its assets produced 276 koz of gold.
GV Gold’s key operating assets are located in the Irkutsk Region and the Republic of Sakha (Yakutia). The Company operates four mines with a total capacity of 10.5 Mtpa of ore and holds 42 mining and exploration licenses.
GV Gold boasts an extensive resource base, with JORC reserves and resources estimated at 5.3 Moz and 10.8 Moz, respectively.