The Ukrainian Metal

Russia: Dalnedra to spend 853 million rubles on gold prospecting

The Far Eastern District Department on Subsoil Use (Dalnedra) has announced three auctions to prospect for gold in the Republic of Buryatia, Primorye region and Chukotka Autonomous District.

Work at each site must be carried in three stages until the end of 2023.

The combined cost of the auctions is 853.05 million rubles.

The first auction to prospect the Ukyrskaya field in Buryatia will be held on April 9. The initial price is 296 million rubles.

The second auction valued at 256.99 million rubles presupposes operation at the Gerasimovskaya field in Primorye region.

Finally, the starting price for prospecting works at the Gremuchinskaya field in Chukotka is 300.06 million rubles. (Ukrainian metal)

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