USD 63.8487

0

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0

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+0.4

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21

Biggest Gold Deposit Not Ready Yet

Russia's minister of natural resources Yuri Trutnev said that the feasibility study of the one of the biggest gold deposits...

Russia?s minister of natural resources Yuri Trutnev said that the feasibility study of the one of the biggest gold deposits Sukhoi Log will be completed in 2006.

Answering the question about excluding Sukoi Log from auction plan 2005, Trutnev said that without completing the study it would be improvidently.

?Our task is not only to get maximum onetime payment from companies for the licence. We must guarantee the effective bringing into service, to have a significant impact on GDP growth. We are not ready to this yet.?