RussiaТs UMMC sees 2018 capex in Gaisky GOK at 3.5 bln rbl - 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

RussiaТs UMMC sees 2018 capex in Gaisky GOK at 3.5 bln rbl

MOSCOW, Feb 27 (PRIME) -- RussiaТs Ural Mining and Metallurgical Company (UMMC) plans capital expenditures in development of the Gaisky GOK ore dressing plant to rise 34% to 3.5 billion rubles in 2018, the company said in a statement on Tuesday.

The company will spend about 2.25 billion rubles on development of an underground mine at the depth of 830Ц1,310 meters, 250 million rubles on technical re-equipment of the ore dressing plant, and spend part of the money on development of the Belozyorskoye gold ore field in the Orenburg Region, UMMC said.

(55.9208 rubles Ц U.S. $1)

End

27.02.2018 17:46
 
 
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