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Tuesday, 28th June 2005 (4829 views)

The Natalkinskoye goldfield in north-east Russia is expected to produce more than 1,000 tonnes of gold over the next 50 years, according to local government officials.<br/><br/>Representatives of the regional government told RIA Novosti yesterday that open-pit mining will begin at Natalkinskoye by 2010.<br/><br/>About 40 million tonnes of ore, with a gold content of 1.7 grams per cubic metre, is expected to be recovered from the deposit, with this figure expected to grow annually.<br/><br/>Underground extraction operations were suspended at Natalkinskoye in June 2004. Guidelines for a renewed open-pit operation are now being established.<br/><br/>Natalkinskoye lies in one of Russia's major gold-producing areas, along the Pacific coast of Siberia.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=16040729"/>

 

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