EBRD RUSSIA SIBERIA GOLD MINE LOAN – CANADA

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction and Development (EBRD) has decided to lend US$85.6 million to develop an open-pit gold mine and processing works, in the Tynda district of Amur region, in remote southern Siberia. The Berezitovy mine's operating company Berezitovy rudnik is owned by High River Gold Mines Ltd, of Canada.

ENDS


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