Taseyevskoye LLC, a part of Highland Gold Mining, intends in 2019 to start processing wastes of Baleyskaya Gold-extracting Factory No. 1 and obtain over 520 kg of gold per year.
Expenses on the design works amount to $2.1 million. The company plans to develop the design documents and pass all the state procedures by September 2018 to be able to start construction in Q4 2018.
Taseyevskoye LLC has the license to prospect and extract gold from Baleyskaya wastes till 2030. (Ukrainian metal)