The Ukrainian Metal

Russia: Vysochaishiy pays for Svetlovodskoye ore field

Vysochaishiy has received a license to use the Svetlovodskoye ore filed.

The company has paid 697.44 million rubles to use the field ahead of schedule.

R1 reserves are estimated at 61 tons, and R2 – at 59 tons.

The average gold content is 2 g per ton.

The size of the site is 40 square km.

The license is valid for 25 years. (Ukrainian metal)

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