Armet LLC, a part of Anglo Russian Gold Ltd., will construct a mine with the capacity of 1.5 tons of gold per year at the Archiyskoye deposits.

Investments into the construction of the mine with the ore processing capacity of 1.05 million tons will total 4.222 billion rubles.

The public hearings of the project are scheduled for August 22.

The forecast reserves of the deposit are 30 tons of gold. (Ukrainian metal)

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