The Union of Gold Producers is a professional industry association established in April 1995. Among the members of the Union are companies for the extraction, processing and production of precious metals, the largest Russian refinery, engineering and consulting companies, as well as banks. The gold mining companies that are members of the Union of Gold Producers together produce approximately 70% of hard rock gold in Russia.
Our main task is to unite the efforts of the members of the Union of Gold Producers in order to develop and implement measures to develop the gold mining industry and the precious metals market in Russia, as well as to lobby the interests of the members of the Union in state, public and other institutions of the Russian Federation.
The most important component of the activities of the Union of Gold Producers is participation in parliamentary hearings in the State Duma and in meetings at the Ministry of Natural Resources and Ecology of the Russian Federation, the Ministry of Industry and Trade of the Russian Federation, the Ministry of Finance of the Russian Federation, the Federal Antimonopoly Service of the Russian Federation, Rosnedra and other state authorities on the problems of subsoil use and regulation of the precious metals market, as well as participation in the development of the legal framework for the operation of the gold mining industry.
For many years, the Union of Gold Producers has been performing an important function of analyzing trends in the development of the domestic gold mining industry, which is reflected in the annual reviews of the Union called "Gold of Russia", which are sent by us exclusively to the members of the Union and to the relevant ministries and departments of the country.
The rapidly changing geopolitical situation in the world, Western sanctions against Russia and much more make it obvious that attracting investment in the development of Russian gold deposits is becoming increasingly difficult. In this regard, the Union of Gold Producers is actively involved in attracting not only Russian, but also foreign investors to the country's gold mining industry, including from the countries of Southeast Asia, the Middle East and the CIS countries.
For many years, the Union of Gold Producers has been an active participant in seminars, conferences and exhibitions dedicated to the precious metals market, where the chairman of the Union makes his reports and presentations.