May 19, 2026
Golden Natalka.
If you think we drove the alternative Kolyma route just out of curiosity… you’re absolutely right! Purely and solely out of curiosity. As it turned out though, some of our key partners have facilities there – we protect them from all sorts of cyber-nastiness, and they invite us to visit their operations. And the stars aligned so that one of Russia’s most golden enterprises – the Natalka gold-ore deposit – sits right by Route 44N-4 – the very alternative Kolyma route we were on. And here we are!
First up – a quick preview of coming attractions…
That’s the pit: one of the largest open-pit mines in the world.
And this is the finished product. About 75% gold, another 20-plus percent silver, plus assorted other stuff. These little bars weigh about 12 kilograms each, and from here they’re sent off for more thorough processing to produce practically pure gold – 999 fineness – and roughly the same purity of silver.

Between the pit and the finished product lies an incredibly complex technological cycle, which I’ll try to explain in a bit.

But first, a little history…



















