Petropavlovsk wins an auction for a new area for the Pokrovsk mine.

The company "Pokrovskiy Rudnik", part of "Petropavlovsk", has won an auction for Sosnovsk ore prospective area in Zeysk region. The company obtained a license for 25 years. New forecast resources of gold - about 42 tons - will extend the production life of Pokrovsk for several more years. Today, it is a long-liver of gold ore production in the country - the company has been working for 16 years.

Resources of the Sosnovsk area are forecast P3 category, that is, take into account only the potential for discovery of a deposit. Therefore, "Pertopavlovsk" will carry out exploration work that could result in the discovery of new deposits. Projected reserves of gold in the facility are 42 tons, of silver - 275 tons.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer