Chukotka gold output can fall by 3 tns to 26 tns in 2017

VLADIVOSTOK, Aug 24 (PRIME) -- Gold production in the Chukotka Autonomous District is to decrease by 3 tonnes to 26 tonnes in 2017 due to reserve depletion on some of the deposits, head of the region Roman Kopin told PRIME in an interview released on Thursday.

“The amount expected in 2017 is 26 tonnes,” Kopin said.

Chukotka Mining and Geological Company and Severnoye Zolot o, units of Kinross Gold; Rudnik Karalveyem, owned by Israeli businessman Lev Leviev; Valunisty Mine, controlled by Russian billionaire businessman Roman Abramovich’s Millhouse Group and Maiskoye deposit, developed by Polymetal’s unit, are operating in the region.

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