RUSSIA SILVER MINE
October 1st, 2003
BY MARK ROWE
POLYMETAL - Russia's largest silver mining company - has started production at a new deposit in the country's Far East. The Khakandzha mine and mill complex in the Khabarovsk region will produce 85 tons of silver and four tons of gold per year. According to the company, Khakandzha's reserves total 60 tons of gold and 2,668 tons of silver. Polymetal said it plans to raise silver output 37 per cent next year to 780 tons. Investment in the project will total US$100 million.
POLYMETAL - Russia's largest silver mining company - has started production at a new deposit in the country's Far East. The Khakandzha mine and mill complex in the Khabarovsk region will produce 85 tons of silver and four tons of gold per year. According to the company, Khakandzha's reserves total 60 tons of gold and 2,668 tons of silver. Polymetal said it plans to raise silver output 37 per cent next year to 780 tons. Investment in the project will total US$100 million.
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