Security Forces Raid Russia's Third-Largest Gold Producer Over Environmental, Safety Violations

INSUBCONTINENT EXCLUSIVE:
Yuzhnouralzoloto, which operates across the Chelyabinsk and Krasnoyarsk regions as well as the republic of Khakassia, previously contested a
fine from the Federal Service for Environmental Supervision (Rostechnadzor) related to safety violations, the FSB source told TASS.In 2024,
the company produced 10.6 tons of gold and reported revenue of 25 billion rubles ($320 million), but also posted a net loss of 7.2 billion
technical reservoir at the Svetlinsky deposit collapsed.The incident released industrial waste containing arsenic into the Baturovka and
the damage at 3 billion rubles ($38 million) and filed a lawsuit against the company to recover the cost.Regulators later determined that
the dam had been built in violation of safety codes and was operating without necessary permits.In addition to the FSB investigation, the
Two have been partially resolved, with the company paying 113 million rubles ($1.5 million) in damages