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N e w s

JULY 21 
Polimetall Holding (St.Pb.) staged the development of the large gold field Khakandzhinskoe in Khabarovsk reg., regional entrails committee informed.
The company obtained the right of the development as a winning bidder of the tender. By now it invested $3m in the project to be raised to $18m by year end. Some portion of funds will be spent to acquire the new equipment and technologies to be made at the local enterprises. The annual output is assumed to achieve 4 ton of gold and 81 ton of silver.
Source: AK&M
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