Sweden's Auriant Mining to invest 9.3 bln rbl in Russian gold mine - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

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)

End

02.03.2023 14:53