Production
Gold Copper
History
About RMG Gold

Kvartsiti LTD has been operating in Georgia since 1993 through Bolnisi Mining Operations.

    • In 1994 Georgian-Australian joint venture was established. It started operations at deposit ore with the name Kvartsiti Joint Enterprise.
    • Until 1996 Kvartsiti has been carrying out searching-preparatory works. The first gold was alloyed on On April 2, 1997.
    • In 2005 Joint venture was established with equal participation of JSC Madneuli Georgia and GeoProMining.
    • On June 2012 - Kvartsiti LTD was transferred into ownership of RMG and its official name at the present moment is RMG Gold LTD




    About RMG Copper


    • In IV-III BC - Ore deposit was one of the main sources of metal extraction in Bolnisi Region.
    • In II-I BC - Searching and extraction of non-ferrous metals started in Bolnisi Region.
    • In XVII-XIX centuries - Intensive geological-research works were conducted for discovering new deposits on this territory.
    • In 1975 - Madneuli Mining Enriching Plant started operation.
    • In 1994 JSC Madneuli was established, which was transferred into ownership of Georgian state.
    • In 2005 -Share of JSC Madneuli was sold at a tender announced for privatization purposes. Stanton Equities Corporation won of the tender.
    • In 2012 - JSC Madneuli  was transferred into ownership of RMG and changed its name to JSC RMG Copper.