The Polymetal structure will receive a license for the Agylkinskoye deposit
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Subsidiary of Polymetal (MOEX: POLY; Russian structure Polymetal PLC) “Silver of Magadan” won the auction for the development of the Agylkinskoye deposit in Yakutia, the press service of the Russian Ministry of Natural Resources reported to RIA Novosti. The final payment amount is 1.3 billion rubles.
The Agylkinskoye deposit, discovered in 1954, contains reserves of gold, silver, tungsten, bismuth, copper, selenium and tellurium. It is located in the Tomponsky region of Yakutia. The initial cost was 1.237 billion rubles.
The silver production enterprise “Silver of Magadan” includes two mining and processing plants – “Dukat” and “Lunnoe”. The Dukat and Lunnoye fields are located in the Omsukchan district of the Magadan region.
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