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"Sigma" will receive about 250 million rubles for the Kamchatka gold mining project

The Siberian Mining and Metallurgical Combine (OJSC SIGMA) will receive state support from the regional budget as part of the project for gold mining in Kamchatka, the press service of the government of the Kamchatka Territory reported. The corresponding agreement within the framework of the investment forum "Far East - 2014" was signed by the Governor of the Kamchatka Territory Vladimir Ilyukhin and the General Director of JSC SIGMA Dmitry Filichkin.

Currently, “SIGMA” begins exploration in the Karaginsky district of the Kamchatka Territory. The company, which already owns a license for the right to use subsoil resources, in the coming years intends to implement one of the largest projects in the province for the extraction and processing of ore gold. After clarifying the reserves of the Ozernovsky gold deposit, Sigma intends to build a gold mining and ore processing plant.

We intend to implement the project in two stages. Within the framework of the first stage, “SiGMA” will conduct mining capital works, build a road to the deposit and a gold recovery plant. Within the framework of the second stage, the second stage of the gold extraction plant will be built and the mining equipment will be updated. The total investment in the project in the region will exceed 12 billion rubles.

The head of the region stressed that given the significant amount of investment in the development project of the Ozernovsky gold deposit, the Government of the Kamchatka Territory decided to provide the investor with additional support measures.

"We are very pleased to work in the province. SIGMA has already transferred its head office here and now we consider ourselves to be a Kamchatka company, "said Dmitry Filichkin, Director of OAO SIGMA. - For us this is a promising project. I believe that gold mining in Kamchatka will become the locomotive of economic development. Of course, for us it is very important that our project is recognized as a priority. We will develop production, and work for the benefit of the territory. "

"As part of the agreement, we will provide compensation for part of interest payments on the loan for SIGMA. For 5 years, the volume of regional support will be about 250 million rubles. At the same time, only tax revenues for the period of development of the field will exceed 13 billion rubles, of which more than 10 billion will go to the regional and local budgets. In addition, it is an increase in production volumes and new jobs, "Vladimir Ilyukhin said.

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