The Russian Environment Surveillance Service in Magadan region wants to annul the license to use subsoil resources given to Reserv LLC to operate at the Utinskoye deposits.
According to the service the company has not started constructing infrastructure objects, nor has it prepared the mining object to be put into operation.
The company director Victor Troitsky says the site has not been prepared because of the absence of electricity.
Reserv LLC received the license for Utkinskoye deposits in 2006 till November 2031. (Ukrainian metal)