FEDC and “Prognoz” JSC agreed on cooperation in the development of mineral deposits in Yakutia
The Far East and Arctic Development Corporation (FEDC) and the “Prognoz” joint-stock company have entered into a cooperation agreement, which provides for the implementation of an investment project to expand the production, enrichment and energy supply capacities of the “Vertical” mining and processing complex in the Republic of Sakha (Yakutia), as well as the development new deposits of solid minerals in the Far Eastern Federal District.
The signing ceremony took place at the Mining Industry: Investment Projects and Support Measures forum in Moscow. The Deputy General Director of the FEDC Kirill Kamenev and the representative of the General Director of “Prognoz” JSC Alexey Sotskov signed the document.
“Our company is implementing an investment project for the development of the “Vertical”, “Mangazeiskoye” and “Privet” deposits, located in the Mangazeya ore field, the reserves of which are more than 1,300 tons of silver, 45,000 tons of lead and 25,000 tons of zinc. In addition, we are conducting geological exploration in a licensed area of about 600 square kilometers, and are interested in cooperation with the FEDC, which provides comprehensive measures of government support to investors in the Far East,” noted Alexey Sotskov.
The Far East and Arctic Development Corporation (FEDC) and the “Prognoz” joint-stock company have entered into a cooperation agreement, which provides for the implementation of an investment project to expand the production, enrichment and energy supply capacities of the “Vertical” mining and processing complex in the Republic of Sakha (Yakutia), as well as the development new deposits of solid minerals in the Far Eastern Federal District.
The signing ceremony took place at the Mining Industry: Investment Projects and Support Measures forum in Moscow. The Deputy General Director of the FEDC Kirill Kamenev and the representative of the General Director of “Prognoz” JSC Alexey Sotskov signed the document.
“Our company is implementing an investment project for the development of the “Vertical”, “Mangazeiskoye” and “Privet” deposits, located in the Mangazeya ore field, the reserves of which are more than 1,300 tons of silver, 45,000 tons of lead and 25,000 tons of zinc. In addition, we are conducting geological exploration in a licensed area of about 600 square kilometers, and are interested in cooperation with the FEDC, which provides comprehensive measures of government support to investors in the Far East,” noted Alexey Sotskov.
