The Ukrainian Metal

Russia: Polyus to commission Sukhoi Log by 2026

Polyus intends to put the Sukhoi Log gold deposits in Irkutsk region in operation by 2026.

So far the company has bored 43 thousand running meters.

The capacity of the factory is expected to be 30 million tons of ore per year. Extraction share will reach 88-90%.

Average annual output will be 1.6 million ounces of gold.

Construction is estimated at $2-2.5 billion.

As of now the reserves are estimated at 58 million ounces with the gold content of 2 g per ton. (Ukrainian metal)

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