"Polyus Gold", Russia's largest gold mining company to promise almost triple the output of gold in 2016.
On the eve of the board of directors of the company (whose major shareholder is Russian businessman Mikhail Prokhorov, who owns a 40%stake, and Suleiman Kerimov, who owns 27%of shares) approved the development strategy until 2020.
"An updated strategy - this is another step towards our goal - joining the world's five largest gold companies" - said General Director of "Polyus Gold" German Pikhoya.
In 2010, gold production company "Polyus Gold" was 43 tons. In 2016, the plan is to grow to 115 tons, and in 2020, when at full capacity will be launched Natalka Mining Plant, the production will be more than 137 tons, according to a press release.
Natalka deposit, located in the Magadan region, is Russia's largest and third largest (after the Grasberg deposit in Indonesia and Muruntau in Uzbekistan). Its reserves are about 41 million ounces.
By 2020, it only plans to produce about 1.7 million ounces. In 2010, total production of gold "Polyus Gold" was 1.4 million ounces.
By volume stocks "Polyus Gold" is the third largest after Canada's Barrick Gold and the British Newmont Mining. However, production and profits not only inferior to them.
Gold prices fall so far will not be
Meanwhile, gold prices on world markets has not reduced the second day, reaching a record $ 1,600 an ounce.
Expensive and silver from the beginning of the month ounce rose in price by 20%to 40.84 dollars.
Analysts warn that this is not the limit, and the price of gold could rise to as long as EU authorities do not take decisions on the allocation of the next tranche of financial assistance to Greece.
The European Union will consider helping to Athens on Thursday, July 21.
Repetition of a record price when an ounce of gold was given $ 2,400, you can just wait in case of default on the bonds and the U.S. Bankruptcy Greece. However, if this happens, the previous record price may not do.
According to Sergei Glushkov analyst "Investkafe" gold will continue to rise in price, since investors do not believe in the near future solution to the problems the euro zone, either in a positive trend in oil prices.
--------------------------
Conclusion - better to invest in gold, preferably in the Soviet (in Turkish and Italian do not have a lot of shit and buy low-grade ..).. no more than 600-650 rubles. for 1 oz ...
|