Bazovye Metally will construct a mining and processing plant at the Kekura deposit in Chukotka.
The project will be carried out in 2019-2027.
The first gold-extracting factory will be commissioned in 2020, and the second in 2023.
Investments will amount to 18.4 billion rubles.
Klyon LLC will develop a gold and silver deposit of the same name. A mining and processing plant will be constructed in 2023 and will reach its full capacity until the end of 2024.
Investments are expected to amount to 7.5 billion rubles.
Both projects belong to Highland Gold Mining.
In 2012 the company purchase 100% of Bazovye Metally for $212 million and the Klyon deposit for $69 million. (Ukrainian metal)