In 2-3 years Rosszoloto intends to construct a gold-processing factory in Amur region valued at $250 million.
The company is also looking for an investor to further develop the project with the aim of attracting $500 million.
In three years from the start of the investment project Rosszoloto plans to obtain the first 48.23 million ounces of ore gold (1.5 tons). In 5 years – reach 321.55 million ounces (10 tons), including 96.45 million ounces (3 tons) of alluvial gold and 225.1 million ounces (7 tons) of ore gold.
In 2016 Rosszoloto yielded 313 kg of alluvial gold, up by 12.6% YoY. (Ukrainian metal)