JV on Kurnakhanskoye Gold Field Development to Be Established
Yakutia Government, Aldanzoloto Company and American Company "Newmont Mining Corp." concluded a protocol on development of Kornakhanskoye gold field. The estimated reserves are 450 t of gold, preliminary cost of the project is $400 mln. Joint-Venture is expected to mine 10-14 t of gold a year.
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