South Korea ready to invest $200 to Kuzbass gold

The Governor of the Kemerovo region A. Tuleyev and the adviser of the Korea Trade-Investment Promotion Agency (Kotra), the President of Koeura Company engaged with natural resources development Hong Syn Pe signed the memorandum about mutual understanding presupposing investment of $200 million to development of 3 gold deposits in the Kemerovo region. The Korean investors were suggested to development the deposits located in the Guryev district. The local administration is going to hold the tender in May or June 2014. The deposits are:

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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