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Polyus began developing Natalka five years later, the opening took place at WEF-2017 - EastRussia | Far East






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"Polyus" began developing Natalka five years later, the opening took place at WEF-2017

PJSC Polyus on Tuesday introduced Natalkinsky GOK in the Magadan Region, Russian President Vladimir Putin took part in the launch ceremony at the 3rd Eastern Economic Forum (VEF-2017) in the video conference mode, the company said. Construction of the GOK on Natalka was started in 2012, suspended at 2013, and resumed last year with changes in the project parameters after revaluation of reserves. The revaluation showed reserves of 16,2 million ounces with 1,6 g / t, which is almost half the original.

It is planned to achieve the design capacity of the gold extraction complex built on Natalka within a year. The design capacity is 10,1 million tons of ore (maximum - 1,1 million tons) or 420-470 thousand ounces of gold (depending on the time of mining - 2019-2046 or 2019-2042) per year. The previous project parameters provided capacity of up to 40 million tons of ore or 900 thousand ounces of gold per year.

Previously, "Polyus" reported that the total CAPEX Natalka is approaching $ 2,3 billion.

PJSC Polyus is the largest gold mining company in the Russian Federation. 82,44% of shares owned by PGIL Said Karimov. It develops deposits in the Krasnoyarsk Territory, Irkutsk, Magadan and Amur regions, as well as in Yakutia.