VGK is about to produce coal in Kolyma

The spokesmen for the Eastern ore-mining company (VGK) asserted at the meeting, held by the vice-premier Y.Trutnev in Magadan, they were ready to realize project on the creation of coal cluster in the region if the state assisted them. The project can be realized in the Omsukchansky district. The volume of the declared investment makes up 24 billion roubles, of which 2.7 billion will be spent for the construction of the road as far as the place of coal production. An investor does not plan to construct the road and insist upon state assistance.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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