Mangazeya will invest up to 40 billion rubles in the development of a gold deposit in Transbaikalia
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The Mangazeya mining company (part of the Mangazeya Group of Companies) will invest 35–40 billion rubles. in the development of the project to develop the Taseevsky gold deposit in the Trans-Baikal Territory, the founder and owner of the group Sergey Yanchukov told Vedomosti. He noted that the project is complex, but “very interesting and promising.” According to him, in the next five years, the company expects to reach an annual volume of ore processing in the amount of 2-2.5 million tons and the production of gold in flotation concentrate up to 7 tons per year.
Yanchukov added that the company is not yet negotiating the acquisition of other gold deposits. “We already took on a very complex asset, realizing all the risks,” he explained.
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