Kyuchus gold-ore deposit development

Location

• Ust-Yansky region, Sakha Republic (Yakutia)

Project initiator

• OAO Polyus Zoloto

Project characteristics

• Launching development of Kyuchus gold-ore deposit:
  • construction of an open pit mine, an ore-processing facility and, in long-term perspective, an underground mine

Volume of investment

• Approximately RUR 4b

Infrastructure available -

Infrastructure required -

Project cost

• Approximately RUR 4b

Implementation period

• 2018-2020

IRR

• The project is being elaborated

NPV

• The project is being elaborated

Payback period

• About 6 years

Markets

• Foreign and internal markets of the RF

Investor's involvement -

Project detailedness -

CEO of a company implementing the project

• German Rudolfovich PIHOYA, General director, OAO Polyus Zoloto