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Mangazeya to invest 3.5 bln rubles in Nasedkino, produce 2.5-3.5 t of gold/year
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relic
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June 17, 2016 - 1:50 am
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http://www.interfax......;id=681171

June 16, 2016 11:59

Mangazeya to invest 3.5 bln rubles in Nasedkino, produce 2.5-3.5 t of gold/year

ST. PETERSBURG. June 16 (Interfax) - Mangazeya Zoloto, a gold mining division of Sergei Yanchukov's Mangazeya Group, signed an agreement with the government of Trans-Baikal Territory at the St. Petersburg International Economic Forum, an Interfax correspondent reported from the signing ceremony.

Mangazeya plans to build a mine and processing plant at the Nasedkino deposit in Trans-Baikal at an estimated cost of 3.5 billion rubles.

The operation will have capacity to mine 1 million tonnes of ore and produce 2.5-3.5 tonnes of gold per year.

Construction of the plant will begin in 2016, and the company plans to put it into operation in 2018.

Mangazeya Zoloto manages the production and exploration units of Mangazeya Group's gold mining division in Trans-Baikal.

Mangazeya Group is a Russian private vertically-integrated company focused on gas production, gold mining and construction.

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relic
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June 18, 2016 - 2:20 pm
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Same story but from the company and translated from Russian.

IN 2018 IN THE TRANS-BAIKAL REGION WILL START GOK NASEDKIN

Date of publication: 06/16/2016
 
 
Trans-Baikal Territory Government signed an agreement with the company "Mangazeya Gold" for a number of investment projects in the region, in particular, construction of mining and processing plant Nasedkin. The volume of capital investments in the project is 3.5 billion rubles.

General Director of LLC "Mangazeya Gold" Roman Kaszuba and Acting Governor of the Trans-Baikal Territory Natalia Zhdanova

General Director of LLC "Mangazeya Gold" Roman Kaszuba and Acting Governor of the Trans-Baikal Territory Natalia Zhdanova

The Agreement establishes the principles of interaction between the parties, aimed at sustainable social and economic development of the Trans-Baikal Territory and the implementation of investment projects of "Mangazeya Gold", in particular, construction of mining and processing plant Nasedkin.

"The beginning of construction work is planned for 2016. It is expected that the plant will start its work in 2018. The new plant will annually produce and process 1 million tons of ore and produce from 2.5 to 3.5 tons of gold, - said Sergey Yanchukov, CEO of Mangazeya companies. The plant will create 900 jobs. "

"The agreement was concluded in order to ensure a stable positive dynamics of macroeconomic parameters, creating the conditions for economic development and annual increase of gross domestic product by improving the efficiency of production in the territory of Trans-Baikal Territory" - note the side.

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