The Ukrainian Metal

Russia: Karakkansky gold output to drop in 2017

This year the gold-extracting company Priisk Karakkansky LLC has to get some 70 kg of alluvial gold at its sites.

In 2016 the company obtained 382 kg of gold.

The considerable drop in the output is the result of the dwindling reserves at the sites.

The company has not purchased new licenses yet, and keeps developing the Nizhyaya Borzya and Bolshoy Zerentuy deposits. (Ukrainian metal)

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