“Amur Minerals” is ready to invest up to 1.5 bln roubles into Malmyzhsky gold deposit

​“Amur Minerals” Ltd plans to invest up to 1.5 bln roubles into the development and exploration of the Malmyzhsky gold and copper deposit in the Nanaysky district of the Khabarovsk region, the press service of the regional Government reports on the results of the meeting of the Governor, V. Shport and CEO of “Amur Minerals”, T. Bowens.

“Amur Minerals” plans to construct a mining and processing plant at the Malmyzhsky ore field the balance reserves of which are assessed at 273 tons of gold.

According to the law “On subsoil”, the Malmyzhsky deposit refers to federal sites by the volumes of its gold and copper reserves. In this case the decision on the issue of permission for exploration and extraction is made by the Government of Russia. In this connection the company asked the regional Government to support the project and help to receive the permission.