Polyus intends to get the results of the engineering survey on constructing a mining and processing works at the Sukhoy Log gold deposits in Irkutsk region in autumn.
The company will spend some $30 million on Sukhoy Log this year out of its total expenses of $850 million.
The share of Polyus in the Zoloto JV (with Rostekh) is 58.4% with the right for consolidation by 2022.
The Sukhoy Log reserves are estimated at 58 million ounces with the average contents of 2 g per ton. (Ukrainian metal)