The Federal Agency of Subsoil Use (Rosnedra) has announced a competition for the right to use the subsoil with the view of prospecting and mining tungsten-molybdenum ores at the Tyrnyauzskoye deposits in the Kabardino-Balkar Republic.

The initial payment for the site is some 1.08 billion rubles.

The site will be auctioned on April 17, 2018. (Ukrainian metal)

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