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Governor of the Magadan region
Sergey Nosov
Governor of the Magadan region

Magadan Oblast is the place where the day starts in Russia. It has more than 460,000 square kilometers of pristine wilderness, mighty mountains, green forests, and fast-flowing rivers with its clean water.

  • 11% Placer gold
  • 15% Ore gold
  • 50% Silver

An important resource of the territory is recreational and tourist opportunities. Investment in the development of ecological, event, cultural and cognitive, sports and adventure, extreme tourism is promising and in demand.

Kolyma is a land of strong, independent and enthusiastic people. Open to collaboration. Come to Kolyma — see for yourself! It's impossible not to love this corner of the earth.

Our mineral resources, maritime wealth, energy resources, labor force, stable socio-political situation contribute to the development of trade and economic ties. In recent years, both in the leading sectors of the economy and in the region as a whole, there has been steady economic growth, and a solid foundation for further development has been created.

Today the Magadan region is one of the leaders in precious metals mining in Russia. It ranks first in silver mining, placer gold mining, in terms of explored gold reserves and second in gold mining. Large companies Polymetal, Polyus, Arlan are successfully operating.

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