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Strategies & Market Trends : Booms, Busts, and Recoveries
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From: Haim R. Branisteanu10/6/2010 12:57:03 PM
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For those interested in gold stocks this company has grwoing reserves polymetal.ru they are Russians, but I know some of their partners and they are a sharp team with the right connections within Russia.

Can not guaranty more - make your home work - but would not suggest to visit the sites in winter <GG> even steel snaps

Khabarovsk Territory - According to data from the Russian Union of Gold Miners, in 2009 the Khabarovsk Territory produced 14.7 tons of gold; OJSC Okhotsk Mining and Geological Company [Khakanja], a Polymetal subsidiary, produced 22% of the total gold production in the Khabarovsk Territory in 2009.

Magadan Region - Precious metals mining and production is a key industry in the Magadan Region. According to data from the Russian Union of Gold Miners, the region produced 13,7 tonnes of gold and 485 tonnes of silver in 2009; CJSC Magadan Silver [Dukat and Lunnoye], a Polymetal subsidiary, were leading silver producer in the Magadan Region in 2009.

Chukotka - Gold industry is the fundamental component of the Chukotka Autonomous District's economics and its share in the industrial output of the region is some 44%. The district comprises about 10% of the Russian explored gold reserves. As of January 1, 2009 the gold reserves in the district are estimated in the amount of some 574,3 t; 513 deposits have been developed. In 2009 gold mining came to 31,2 tonnes and silver mining - 184 tonnes. Mayskoye deposit is mined by Mayskoye Gold Company LLC and is among the five largest deposits in Russia.
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