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Canadian gold miners will help renew the roads of Chukotka

The governor of Chukotka offered the gold mining company Kinross Gold to participate in joint projects to develop the district's infrastructure. This issue was discussed at a working meeting that Roman Kopin held with the director of the Canadian firm Paul Rollinson at the St. Petersburg International Economic Forum.

As reported on the official website of the district, the governor noted the importance of maintaining high production rates by the business partner and ensuring the company's contribution to the socio-economic development of the region. “We understand that the main activity of our business partner is gold mining. At the same time, the corporation is doing well in other areas, which could not fail to interest the Government of Chukotka. In particular, we are talking about the experience of Kinross Gold in road construction, ”he said.

Kinross Gold is the largest Canadian investor in Russia and one of the largest foreign investors in the mining industry. The company is engaged in the extraction of silver and gold in Chukotka's Kupol and Dvoinoye deposits. In April, she presented an information report on her activities in the region, where she reported on the creation of a group to monitor road safety, build a bridge with the capacity of 75 tons across the Maly Anyui River, implement social programs and projects to protect the environment.

During the negotiations, the head of the company informed governor current production indicators of Kinross Gold, as well as on the results of geological exploration in the Chukotka Autonomous Region. According to the company's published report for the 1st quarter of 2014, its performance improved, in particular, due to the commissioning of the Dvoinoe deposit, where about 83 thousand gold equivalent ounces were produced.

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