“Vostok-1” is stable in production rates
Edited by Rhod Mackenzie / 2014-12-17 01:22:53
“Vostok-1” Ltd on the results of 2014 extracted 220 kg of gold, that corresponds to the level of 2013, the chairman, R. Lomakin, said.
In 2014 “Vostok-1” worked at 4 sites. “The main volume was produced at the site at the Sugdzharsky gold cluster. I think we will be able to go on the extraction for 5-6 years there”, Mr. Lomakin said.
According to him, at the site along the May river there was a mining loss this year. By the license there are 9 tons of forecast gold at the May. “We held the operational exploration there but the result is almost zero. This season the expenditure exceeded the production by almost 3 times. We will close this site and will strengthen the Kinlyandyak on its account”, R. Lomakin said.
