Development works on Voronzovkoe gold deposits started back in the summer 1999. According to Igor Makurin, executive director of OJSC "Polymetall" this new plant will have a potential to extract over 2 tons of gold by the end of this year. According to experts, Voronzovskoe deposits will allow to extract over 8,7 million tons of ore, 62 tons of gold and 76 tons of silver. On average, 6 grams of gold and 12 grams of silver can be produced from one ton of ore.

OJSC "Polymetall" belongs to the "IST" group of companies. Some of them include OJSC "Baltijsky Zavod", OJSC "Incasbank", CJSC "NOMOS-Bank"" CJSC "IST-Stroy." Its main profile is extraction of precious metals, in which 11 companies are involved.