In October the joint-stock company Pavlik intends to confirm the availability of 90 tons of additional gold reserves at its deposits in Magadan region.
At present the company deposits stand at 154 tons of gold. Thus, they will increase to 244 tons.
The gold-mining combine at the Pavlik deposits was put into operation in August 2015. Investments in the project totaled $550 million. In 2015 Pavlik mined 1.081 tons of gold and 270 kg of silver, in 2016 – 3.839 tons of gold. (Ukrainian metal)