VLADIVOSTOK, Sep 5 (PRIME) -- Russian gold producer Polyus has started hot commissioning of a processing plant at the Natalka gold deposit in the Magadan Region, the company said in a statement on Tuesday.
“Following completion of the hot commissioning, the company anticipates that full production will be launched at Natalka before the end of 2017 as earlier guided,” the company said.
Previously, the company said that the Matrosov Mine plans to produce 758 kilograms of gold at the Natalka deposit in 2017, and that the processing plant at the field will reach its projected capacity of 10 million tonnes of ore per year in 2018.
The proven and estimated ore reserves of the field are 319 million tonnes, gold content is 1.6 grams per tonne resulting in gold reserves of 16.3 million ounces, or 507 tonnes.
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