PJSC "Polyus" is planning to purchase additional stake of 23.9% in the company "SL Gold" from GC "Rostech" after obtaining a license for nearly $141 million, the compa
The mining in the area of the gold ore deposit Sukhoi Log in the Irkutsk region might make up 80-90 tons of gold and 20-25 tons of silver a year, the Ministry of Natural Resources reports.
The auction for “Sukhoi Log” was won by the JV of Rostekh and Polyus – SL-Zoloto having paid 9.4 bln roubles, the Minister of Natural Resources, S. Donskoi, said.
State Corporation "Rostech" delivered a set of machines from the microwave transmission complex, capable of operating in conditions of electronic countermeasures, to the armed forces of R
This week Russia plans to sell the Sukhoi Log deposit at a lowered price to Polyus and Rostekh as sanctions and restrictions have frightened off other participants of the auction, Reuters reports.<
In the message to the Federal Assembly the RF President Vladimir Putin paid special attention to the scope of the military-industrial complex, stating that it was necessary to increase the producti
Rostekh plans to realize the project of development of placer stannum deposit “Ruchei Tirekhtyakh” in the Ust-Yansky district of Yakutia, is said in the press-release of the regional Go
The Russian car concerns discuss possible cooperative buying of car steel
The Russian car concerns discuss possible uniting in metal purchase. They are already negotiating about the issue AvtoVAZ and KamAZ, and Sollers and GAZ Group are ready to join them. The measure should help the car concerns in trading with metal producers that face the complaints upon rapid growth in prices. FAS claims that it can analyze the situation but has not received any applications for purchase uniting as yet.
GC "Rostech" could bring several investors into a project of development of the Sukhoi Log gold deposit, including resource companies without experience in gold mining, the Director General of LLC "RT-Business Development" (a subsidiary of "Rostech") Andrey Korobov told reporters.
"We structure the Sukhoi Log project ourselves and then attract a private partner, or we may enter into an alliance with a number of investors. It may be raw material companies both with experience in gold mining, and without. The players in the market have an obvious interest in the project", - he stated.
"Rostech" builds models of the field development.
"Rostech" can raise funds from VEB for the development of Russia's largest gold deposit Sukhoi Log, if it wins the auction for it - a subsidiary institution of the state corporation "Giprotsvetmet" laid down in terms of the development of the financial model of the project "compliance with VEB conditions". Currently there are no substantive negotiations, but other banks, according to experts, are unlikely to be interested in the project because of the long payback period and high risks.