Zolotoy Polus obtains placer of Talanova river for 13million rubles

On December 30, Zolotoy Polus won the auction for geological exploration and production of placer gold on Talanova river in the Kemerovo region, offered 13.08 million rubles for the site at the initial price of 10.9 million.

According to general director of the cooperative Vladimir Pertsev, in 2015 Zolotoy Polus plans to produce 614 kg of gold in the Kemerovo region and about 200 kg in the Irkutsk one. In the short term, the cooperative plans to increase the production to 1 ton of gold per year, and in the long term – to 3 tons, local mass media reports.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer