Magadan Region Ranks Among Russia's Top Three for Major Gold Deposit Discoveries in 2025

The Magadan Region has secured a position among Russia's top three leaders in the discovery of major gold deposits following the results of geological exploration work in 2025. Overall, 317 new deposits of solid minerals and hydrocarbons were added to the state balance sheet for the year. This news directly concerns the mining sector (MINING) and the resources subsector (RESOURCES), indicating an active phase of geological exploration and the discovery of new reserves, particularly gold, in Russia. The success of the Magadan Region underscores its growing significance as a key gold-producing region in the country. These developments have positive business implications for mining companies operating in the region, as the discovery of new deposits lays the groundwork for future growth in production, investment, and the expansion of production capacities.