"Signing the agreement with the FEDC and obtaining Arctic zone resident status is a key factor in the implementation of our project. The incentives provided significantly improve the project's economics, allowing us to use the freed-up funds to develop infrastructure and implement advanced production technologies, as well as attract highly qualified specialists," noted Ivan Zakharov, Director of “Yanzoloto” LLC.
He reported that the project envisages the extraction of 347 kg of gold – 86 kg in 2026, 130 kg in 2027, and 134 kg in 2028. Investments will be used to purchase specialized equipment, including excavators, bulldozers, dump trucks, as well as washing equipment and the construction of a modern camp with full infrastructure for employees.