China National Gold Group and SUN Gold Ltd (India) intend to attract some $500 million of investments in 2 years to develop gold extracting at the Klyuchevskoye deposits in Zabaikalye region.
The expected volume of output is 12 million tons of ore per year with the production of 6.5 tons of gold.
If the regional authorities make all the necessary decisions, the investors promise to prepare everything in 2 years.
The project will create 700 jobs for the local population. (Ukrainian metal)