A new player has appeared on the gold-extraction market of Sverdlovsk region. Severouralskaya Mining Company LLC has received a license to prospect and mine gold at the Vilyuiskaya field.
The C1 reserves are estimated at 206 kg, and C2 – 377 kg of ore gold.
The company has paid 118 million rubles for the right to develop the site for 25 years.
This is the first gold project for the company in the region. (Ukrainian metal)