The Federal Antimonopoly Service has allowed Kupol Ventures Limited to buy the Third Mining and Geological Company.

Via the former Kinross Gold owns the Kupol deposit in Chukotka and via the latter N-Mining Ltd is developing the Chulbatkan gold deposit in Khabarovsk region.

Kupol was allowed purchasing 100% of the mining company shares.

Kinross bought Chulbatkan in August for $283 million.

The reserves of the deposit are estimated at 1.8 million ounces. (Ukrainian metal)

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