Armet LLC, a part of Anglo Russian Gold Ltd, in June intends to start constructing the Rudnik Archikoy mine in Zabaykalye region.
In March the project documents will be submitted for the state expertise.
In 2019 it is expected to mine 346 thousand tons of ore. The construction of the mine with the capacity of 1050 thousand tons of ore per year will be completed in 2020. That year Armet intends to produce 1262.3 kg of gold.
Investments in the project total 4.222 billion rubles. (Ukrainian metal)