Polymetal to start the development of 2 deposits in Kolyma in 2017

Polymetal Int (joins the assets of JSC “Polymetal”) plans to start the development of two deposits of gold and silver in Magadan region before the end of 2017, chief operating officer V.Nesis stated.

The question is about the deposit Olcha in Srednekanskoye district (Kolyma) and Irbychan in Severo-Evenskoye district. “Olcha is to give the first ore in October this year. There carried out active preparation to industrial development. There built workers’ settlement, powder storage, fuel-and-lubricant warehouse, facilities for the industrial site of the quarry.

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