Norilsk Nickel Aqcuired Deposit On Auction

Russia's biggest gold and nickel producer Norilsk Nickel has won an auction to develop Bamskoye gold deposit in Russian Far East?s Amur region for 25 million roubles ($901,200).

The deposit has estimated to contain 14.2 tons with metal content of 3.7 grams per ton and probable resources of 86.5 tons, according to Norilsk?s gold production subsidiary Polyus.