Nordgold announces sale of Zun-Holba Mine
Published by Jessica Casey,
Editor
Global Mining Review,
PAO Buryatzoloto (93%-owned by Nord Gold plc, an internationally diversified gold producer), has announced that it has signed an agreement with Chesio Ltd to sell the mature underground Zun-Holba gold mine, located in the Republic of Buryatia in Russia.
Zun-Holba produced 7300 oz of gold equivalent produced in 2020. It has been operational for 35 years now (since 1986) and its gold reserves are largely depleted.
Read the article online at: https://www.globalminingreview.com/finance-business/20042021/nordgold-announces-sale-of-zun-holba-mine/
You might also like
Komatsu and Applied Intuition announce transformational collaboration to accelerate mining innovation
Komatsu announces a strategic technology collaboration with Applied Intuition, a Silicon Valley-based company at the forefront of vehicle intelligence.
