Polyus is interested in acquiring the GV Gold deposit

AK&M 24 March 2023 15:25

Polyus is interested in acquiring the GV Gold deposit Golets the Highest in the Bodaybinsky district of the Irkutsk region. The Kommersant newspaper writes about this with reference to its sources.

The GOK on Golets includes three gold recovery factories (ZIF), an assay laboratory, an open-pit mining site and a placer gold mining site, a shift settlement. The production capacity of ZIF is 5 million tons of ore, gold production in 2021 was at the level of 87.1 thousand ounces.

Polyus ranks first among the world's largest gold mining companies in terms of gold reserves and fourth in terms of production, demonstrating the lowest costs among leading global producers. The company's main production facilities are located in Siberia and the Far East: on the territory of the Krasnoyarsk Territory, Irkutsk and Magadan regions, as well as the Republic of Sakha (Yakutia).

"The Highest" (GV Gold) is one of the mining enterprises of Russia engaged in open–pit mining of ore deposits and gold mining at the largest placer deposit in the country.