This year the gold-extracting company Pavlik intends to obtain some 7 tons of gold, up by 7.7% YoY.
“In the first year of operation we mined around 1 ton of gold. In 2016 we produced 4 times as much, and last year we reached 6.5 tons”, the company CEO Vasiliy Makarov said. “This allowed us getting into top-10 gold-extractors in 2017. This year we plan to get 7 tons of gold and 13 tons by 2020”.
Pavlik reserves are estimated at 500 tons of gold. (Ukrainian metal)