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EastRussia Bulletin: PolyusGold is ready to master the site, taking into account the decline in inventories
The commissioning of the Natalkinskoye Magadan gold deposit, the reserves of which were almost halved and, therefore, postponed indefinitely. But, at the same time, the commissioning of the Natalka GOK, PolyusGold is ready to develop the field, which in itself is good news. However, the new production parameters of the project will be announced in the middle of the year. At the same time, the enterprise will need significantly less labor and electricity, which, as a result, will affect the economic indicators of the region. According to the results of the audit conducted in 2014, the reserves at the deposit are estimated at 16,2 million ounces of gold with a metal grade of 1,6 g / t. Compared to the previous estimate in 2011, stocks have decreased by 49%. The resources are estimated at 36,8 million ounces with a grade of 1,5 g / t - a 2011% decrease versus 38 data. The ongoing design work is aimed at minimizing current capital costs and optimizing the already built infrastructure. In general, in 2014 PolyusGold produced 1,7 million ounces of gold, the plan for 2015 is 1,63-1,71 million ounces, i.e. production decline is possible.