Polyus Gold to raise production without Natalka.
Edited by Rhod Mackenzie / 2015-03-16 06:26:05
China Finance Metals and mining Russia China Metals and Mining Shares Russia Metals and Mining Polyus Gold Gold
The company will raise production at existing assets.
Having suspended the development of large Natalka deposit, Polyus Gold is trying to develop the existing assets. By engaging low-grade ores into the processing and expanding factories company intends to increase production by a third by 2020. The size of the investment was not disclosed, but Polyus already faced difficulties in financing the energy infrastructure and also counts on China.
