The government of the Magadan region and Status LLC have signed an agreement on the operation at the gold-bearing deposits on the territory of Yagodnoye town district.
In 2015-2016 the company invested 470 million rubles in the development of the manufacturing capacities and paid 390 million rubles of taxes. The company also mined 2.6 tons of gold.
This year it plans to mine 1.3 tons of gold and invest 240 million rubles into mining machinery fleet development. (Ukrainian metal)