In H2 Polymetal Int plans to start developing the Primorskoye gold ore deposit in Magadan region.
Excavation will start in Q4.
The ore mined will be transported to be processed at the Lunnoye deposit factory, and a part will be exported.
Primorskoye deposits amount to 3 tons of gold and 700 tons of silver.
Annual output is expected at some 60 thousand ounces. (Ukrainian metal)