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EastRussia Newsletter: Druza Completes Construction of Mining and Processing Plant in Buryatia

EastRussia Newsletter: Druza Completes Construction of Mining and Processing Plant in Buryatia
Photo: EastRussia

Irkutsk gold mining company Druza completed the construction of a mining and processing plant at the Egitinskoye fluorite deposit (fluorspar) in Buryatia. The enterprise’s output of fluorite concentrate at a design capacity of 49 thousand tons is scheduled for 2021, according to the next published issue of the EastRussia newsletter.

Fluorite reserves at the field are estimated at 1,6 million tons. In 2018, Druza announced plans until 2026 to collectively invest 18 billion rubles in the development of the Egitsky deposit, as well as in the development of the Urda-Gargansky quartz deposit and the Zun-Ospinsky gold deposit in the republic.

In accordance with the agreement with the government of Buryatia of 2017, the company intended to invest 2026 billion rubles in the development of the Egitsky field.

Detailed analytics on this and other relevant topics can be found in EastRussia Weekly Newsletter.

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