The Ukrainian Metal

Russia: Nordgold to start manufacture in Irkutsk region in 2022

Nordgold has announced plans to start a new project in 2022 – gold extraction at the Uryakh deposits in Irkutsk region.

As of 2017 the deposits reserves are estimated at 2.1 million ounces with gold content of 3.4 g per ton for open-pit mining and 2-3 million ounces for underground mining.

License for gold mining at the Uryakh is owned by Berezitovy mine LLC, a local enterprise of Nordgold. The license is valid till November 2032. (Ukrainian metal)

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