Sweden's Auriant Mining to invest 9.3 bln rbl in Russian gold mine

KRASNOYARSK, Mar 2 (PRIME) -- Sweden's Auriant Mining plans to launch a 9.3 billion ruble ore-dressing plant at the Kara-Beldirskoye gold mine in the Tuva republic by 2026, the company said in a statement on Thursday.

The deposit reserves are estimated at 26.2 tonnes of gold, and Auriant Mining plans to make the deposit its resource base after exhaustion of the Tardan mine.

The company also pledged 25 billion rubles in investment in the Kyzyk-Chadrskoye gold, copper and molybdenum mine and 17 billion ruble in the Solchurskoye polymetal deposit.

(75.2513 rubles – U.S. $1)

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