Based on materials from RBK.

Foreign investors want to invest money into Russian gold mining industry despite its instability and arguable profitability. Experts mention that investors are mostly attracted by Russian gold deposits that were explored and partially exploited at the Soviet Union times — so that they need fewer investments than those totally unexplored.

For instance, Trans-Siberian Gold Company (Russian and British) possesses the licences for two deposits at Kamchatka and one deposit in Krasnoyarsk krai. Besides, it intends as well to explore the Nuektaminsk deposit in Yakutia.

According to experts, in the nearest future there will be no new gold mining companies working in Russia and coming to the world’s market. The market’s participants expect that the development of gold mining companies will bring a considerable amount of investments to the sector. In the foreseeable future about $3-8 bln are expected to be invested in gold mining.