Russian Government allows Abramovich to develop Baimskaya area
Edited by Rhod Mackenzie / 2015-07-06 06:50:41
The Russian Government has allowed the company Baimskaya (a part of Roman Abramovich's Millhouse) to carry out geological exploration and development of non-ferrous and precious metals within the Baimskaya area in Chukotka, which includes a subsoil area of federal significance - the porphyry copper deposit Peschanka; the corresponding decree was signed by the Russian Prime Minister Dmitry Medvedev .
The State Commission on Mineral Reserves has registered the reserves of the Baimskaya area of the Peschanka deposit on C1 + C2 categories:
