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Putin rules to tender Malyshevskoye emerald deposit in 2010

Putin29MOSCOW, Nov 23 (PRIME-TASS) -- Russian Prime Minister Vladimir Putin has ordered the Federal Mineral Resources Agency to hold a tender for a license to explore and develop the Malyshevskoye emerald deposit in the Sverdlovsk Region by the end of 2010, according to the ruling seen by PRIME-TASS Tuesday.

As of January 1, the deposit’s C1 reserves amounted to 32.614 tonnes of emeralds and 6,864 tonnes of beryllium oxide, while C2 reserves stood at 23.803 tonnes of emeralds and 8,873 tonnes of beryllium oxide.

In June 2008, the agency revoked the license for the deposit from ZAO Zelen Kamen, which was owned by Canada’s Tsar Emerald, for technical violations and temporarily transferred the license to a government-controlled body.

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23.11.2010 17:03