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18:05, 23.07.2008 |
Far East Russia
A gold factory with a design capacity of around 10 metric tons of gold was launched in the Russian Far East on Saturday, a local natural resources ministry official said.
The large facility located in northern areas of the Amur Region is a subsidiary of British-Russian Petropavlovsk Group, a holding company established by two London-listed companies, Aricom and Peter Hambro Mining, in late June 2008.
The factory will use up-to-date technology for processing annually about six million metric tons of gold ore at the Pioner field.
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