Irkutsk
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Moscow

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The gold-bearing deposits of Chukotka will be divided by the Swedish company Auriant and the structure of the holding Roman Abramovich

Swedish mining company Auriant Mining AB will purchase an 50 percentage stake in five gold-bearing deposits of Chukotka from Aristus Holdings, the holding company of Roman Abramovich. This was reported by Denis Alexandrov, general director of Aurian.

The option price has not been disclosed yet. It is already known that the assets will be developed by Auriant Mining's 100% subsidiary, Arient Management Company. The latter will start managing after receiving the appropriate permission from the Federal Antimonopoly Service for a period of 3 years.

Also, gold reserves are not disclosed yet. However, according to geological exploration data, they make up several hundred tons of gold and thousands of tons of silver.

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