WEF 2023: New Investroxes for Gold mining will appear in Transbaikalia

The Corporation of the Development of the Far East and the Arctic, the Government of the Trans-Baikal Territory, the New Copper Company and the Mountain Company Lugiinskoye agreed on cooperation in the implementation of new investment projects for gold mining in the Trans-Baikal Territory-“Ikabya-Chitkanda Square” and “Chachinsko-Ushumunskaya promising”square".The cooperation agreement was signed on September 12 as part of the Eastern Economic Forum.As part of the agreements, business plans to invest 16 billion rubles in the development of plots and create about 1000 jobs for residents of the region.“Transbaikalia is a unique region, it is a promising place for mountain production in the country.On the territory of Transbaikalia there are more than 500 deposits of solid minerals, we have concentrated more than 10% of the reserves of the Russian mineral resource base.We enter the top 5 regions for gold mining, producing 38.8 tons.Our region ranks first in terms of copper reserves.Using this resource, we can develop our economy, create new jobs for Transbaikal residents, ”said Governor Alexander Osipov.The Ikabya-Chitkandinskaya Square project in 2021 entered the complex program of accelerated socio-economic development of the Trans-Baikal Territory until 2025 and, in the future, until 2035.Author's forecast resources are 11,264.2 thousand tons of copper, 391.55 tons of gold, 23,622 tons of silver.“The project“ Chachinsko-Ushumunskaya Perspective Square ”is considered as a resource base for the Luginsky deposit.Author's forecast resources for gold are 100 tons, ”said Boris Tropkin, General Director of the Mountain Company Lugiinskoye and New Copper Company.Source: https://75.ru/news/333510 [https://75.ru/news/333510]