Based on the materials from the company’s official web-site.

Dukat

During Q3 "06, the Company performed preparatory work for building foundations under the second circuit SAG-mill and the first section of the sand flotation system. Launching stage II of the gold recovery plant is expected to increase production capacity. Work on stage III of the tailing dumps continued.

Lunnoye

In Q3 "06, the Company worked on preparing the deposit’s underground mine. Key preparatory projects include: special ventilation audit construction and a basic transportation gallery.

During the current period, the Company completed key infrastructure projects at the satellite Arlyakh deposit, including: a road connecting Lunnoye and Arlyakh, a fly-in, fly-out settlement for workers, the delivery of mining-transportation equipment and the estimation of old geological waste.

Khakanjinskoye

The Company conducted technical re-equipping of the deposit during the reported period, including purchasing additional dump trucks and excavators. In an effort to increase production capacity to 600 th. tpa, the Company launched a project for semi-dry tailing storage. This project is expected to increase recovery rates and decrease the volume of needed chemical reagents.

Vorontsovskoye

In a bid to increase recovery rates from heap leaching (at plant 1), the Company started up a project to re-excavate old-year heaps by dragline.

In the third quarter of 2006, the Company also put into operation a new pulp aeration system that will be used in primary ore processing. The Company expects that this new system will increase recovery rates.