Polyus Gold intends to revaluate reserves of the Bamskoye deposit in 2015
Edited by Rhod Mackenzie / 2015-04-21 03:50:24
Polyus Gold Int can complete recalculation of reserves of the Bamskoye deposit in the Amur region before the end of 2015, head of the Mining Department of Regional Ministry of Natural Resources Alexei Evseev said.
Earlier the company planned to build and launch a plant with capacity of 1 million tons of ore per year at the Bamskoye deposit by 2016 - the production should be about 100 thousand ounces (3.1 metric tons) of gold. Investment is estimated at $232 million.
