In 2017 UMMC investments into the capital construction of the Gaysky Mining and Processing Works will reach 2.3 billion rubles (on the last year level).
“The major part (1,7 billion rubles) will be spent on the development of the underground mine, which will enable us to yield 7.5 million tons of ore”, the GGOK reconstruction and construction deputy director Yuri Dolmatov said.
The modernization of the processing factory will cost 330 million rubles.
Some 30.5 million rubles will be spent on the restoration of the Letneye and Levoberezhnoye quarries.
In 2017 GGOK plans to mine 9.2 million tons of ore. (Ukrainian metal)