The Ukrainian Metal

Russia: gold mining starts at Polyanka deposit

NGK Resurs has commissioned the Polyanka deposit.

Some 600 employees have been hired.

The company intends to produce around 1.5 tons of gold per year.

Until autumn in test mode the company has obtained 330 kg of gold.

During the first stage of the project, which is scheduled to last till 2025, the investor will be mining 7.7 tons of gold and 12.2 tons of silver.

Gold reserves of the deposit are estimated at 35.8 tons. (Ukrainian metal)

 

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