Concern Arbat opens Teutedzhak gold mine, annual output at 3 tns - Metals & Mining - 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

Concern Arbat opens Teutedzhak gold mine, annual output at 3 tns

MAGADAN, May 16 (PRIME) -- Russian gold company Concern Arbat has launched the Teutedzhak gold mine in the Magadan Region with production capacity of up to 3 tonnes annually, CEO Alexander Basansky told reporters on Tuesday.

УThe mine will produce up to 3 tonnes of gold per year. One million tonnes of ore will be processed. About 300 new jobs will be created,Ф he said.

The mine will produce gold all year round and its prospective reserves are 75 tonnes, Basansky added.


16.05.2023 10:40
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