Canadian Bima Gold Corporation plans to mine at least 15 tons of gold and 5 tons of silver at the Kupol deposit on the Chukot Peninsula. The government of the Chukot Autonomous Area signed an agreement with this Canadian company last year on selling a 75% stake in the Kupol gold and silver deposit, located 200 km of the town of Bilibino. Representatives of the Canadian company conducted a presentation of the project of development of one of the richest deposits in the northeast of Russia. According to preliminary estimates, it contains about 30 tons of gold and about 300 tons of silver. The Canadians are ready to invest $50m within three years in exchange for 75% of the metal to be produced. This is the first large foreign investment in the economy of the Chukot Area.
Experts believe that the real reserves of precious metals may exceed the present estimate by dozens of times.
Bima Gold Corporation has experience in working in Russia. The firm has been developing the Julietta deposit in the Magadan Region since the middle of the 1990s.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year