The Russian government has ordered to auction the right to develop the Kyuchus gold and silver deposit in Yakutia in 2021 with a starting price of 2.21 billion rubles.
The deposit shall be used for the purposes of geological study, exploration and production of gold, silver and the associated components and the use of mining and other waste.
The Federal Agency for Subsoil Use was charged with organizing the auction. (Prime/Ukrainian metal)