Metalloinvest to get IFS for Udokan deposit by December 2013

The “Mikhailovsky GOK” (part of Metalloinvest) is going to get an international feasibility study on the development of the Udokan deposit (Chita region) by December 2013, is said in the documents of the company.

In April 2013 the company concluded an agreement with the company “Fluor” on the rendering of services for the preparation of an international feasibility study at total cost of $33 million.

“Metalloinvest” got the licence for the right to use the subsurface resources of Udokan copper deposit for 15.04 billion roubles in 2009.

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