Chukotka to produce 25-28 tons of gold every year from 2014

From 2014, Chukotka will produce 25-28 tons of gold every year due to  current and new assets, the Governor of the region, Roman Kopin reported.

On the results of 2012, enterprises of Chukotka decreased the gold production by 7.32% to 18.176 tons as compared with 2011.

“We think that we can maintain the level of 25-28 tons of gold,” – he said, answering  the question about the region’s plans in 2014. “The Kupol is a good deposit (it is developed by Kinross Gold), but it’s impossible to build the economy of the region on one deposit, so we must have a lot of such deposits,” – Kopin said.

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