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Magadan Region Ranks Among Russia's Top Three for Major Gold Discovery in 2025
February 4, 2026

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

Following geological exploration in 2025, 317 new mineral and hydrocarbon deposits were added to Russia's state register. Among the most significant finds is the Dubach deposit in the Magadan Region, boasting 14.7 tons of gold reserves. This discovery has propelled the region into the top three federal subjects for gold reserve growth.

The Dubach deposit ranked second among the year's largest gold discoveries, following the Fedorovsko-Kedrovskoye field (Republic of Khakassia, 21.7 tons) and ahead of the Kayurkovskoye field (Kamchatka Territory, 10.8 tons). This achievement reaffirms the Magadan Region’s status as a premier gold-mining hub, carrying forward the historic traditions of "Golden Kolyma."

Nationwide, Russia's gold reserves grew by 614 tons in 2025. Of the 317 newly registered deposits, 276 are for solid minerals, highlighting the efficiency of state-led exploration efforts.

"Positive growth dynamics in reserves were maintained across most raw materials in 2025. Oil and condensate reserves increased by 640 million tons across all categories, while gas reserves rose by 670 billion cubic meters. Discoveries in regions with deep-rooted mining traditions, such as the Magadan Region, ensure the steady replenishment of the nation's mineral resource base," noted Alexander Kozlov, Minister of Natural Resources and Environment of the Russian Federation.

In 2026, exploration in the Magadan Region will continue under the federal project "Geology: Revival of a Legend." Research is planned for several promising areas, setting the stage for further growth in gold and other strategic mineral reserves.

The opening of the Dubach deposit strengthens the Magadan Region's position as a key center for the Far East's mineral resource complex. It is expected to bolster regional socio-economic development through job creation and increased tax revenue.