Member Company Profile

Nordgold

NORD:LI


Gold Price: $1,435.25|Silver Price: $16.33|Platinum Price: $853.00|Palladium Price: $1,532.00|Gold:Silver: 87.9


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Burkina Faso


Last Updated: September 8, 2017

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IR Contact

Anastasia Shatskaya
+7 495 644 4473
[email protected]
www.nordgold.com

Address

5th Floor, 6 St Andrew street
London EC 4A 3AE
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Nordgold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Nordgold is an internationally diversified low-cost gold producer established in 2007. Nordgold has a proven track record of operational excellence and benefits from a significant international development pipeline. The Company is relentlessly focused on shareholder value, committed to running safe, efficient, profitable operations, which enable it to generate strong cashflows and in turn, continue to invest in its pipeline of new growth opportunities while generating returns for investors. In 2015, Nordgold produced 950 koz of gold with all-in sustaining costs of US$793 per ounce, maintaining its position at the lower end of the global cost curve.
Nordgold operates 9 mines (5 in Russia, 2 in Burkina Faso and one each in Guinea and Kazakhstan). It has 2 active development projects (Bouly in Burkina Faso and Gross in Russia), 4 advanced exploration projects and a diverse portfolio of early-stage exploration projects and licences in Burkina Faso, Russia, French Guiana and Canada. Nordgold employs over 8,000 people.

Value Drivers
  • Nordgold: A low cost global producer with a deliverable international development pipeline
  • Delivering efficiencies across the portfolio of assets and continuously maintaining status amongst the leading low cost gold producers
  • Proven track record of project development: two new world-class mines built in last 6 years

Annual Production
Gold, oz per year
GEOs: Yes

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: JORC , GEOs: Yes

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Alexey Mordashov
  • Minority Shareholders
  • -
Management
Chairman: David Morgan
CEO: Nikolai Zelenski
CFO: Dmitry Guzeev
COO: Louw Smith
Director of Strategy and Corporate Development: Oleg Pelevin
Chief Legal Officer, Corporate and Regulatory Affairs: Evgeny Tulubensky
Development Projects Director: Igor Klimanov
Head of IR: Valentina Bogomolova
Human Resources: Yulia Sklar

IR Contact

Anastasia Shatskaya
+7 495 644 4473
[email protected]
www.nordgold.com

Address

5th Floor, 6 St Andrew street
London EC 4A 3AE
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Nordgold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.