SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Let’s Talk About Our Feelings about the Let’s Talk About Our

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: average joe who wrote (5039)12/2/2008 8:55:45 PM
From: Tom Clarke   of 5290
 
Russia discovers large gold deposit in East Siberia

MOSCOW, December 2 (RIA Novosti) - Russia's National Geological Prospecting Company announced on Tuesday the discovery of a large gold deposit in the Republic of Buryatia in East Siberia. (How Russia makes its gold - Image Gallery)

The gold field with estimated reserves of up to 100 metric tons of gold (3 million troy ounces) was discovered at the licensed Perevalny block owned by Geomin Management, the company said.

Geomin Management plans to invest up to 500 million rubles ($18 million) in 2009 in additional prospecting and survey works at the field with NGPC to act as the general geological contractor, the statement said.

NGPC, which was established in 2007 and carries out prospecting using venture capital funds, is also involved in prospecting for precious metals at other fields in Siberia, the statement said.

en.rian.ru
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext