The company Kerimov and rostec will compete for gold “Dry ravine”

Gold mining company Polyus” son of Suleiman Kerimov said, and the structure of Rostec RT-GR established a joint venture (JV) “CL Gold” with a share capital of 10 thousand rubles., 51% of which belongs to the “Pole,” follows from the data “SPARK-Interfax”, which leads “Kommersant”.

According to sources close to the companies, the joint venture was created to participate in the auction for Russia’s largest untapped gold Deposit “Sukhoy log”. In the “Pole” and “Assistance” declined to comment.

Familiar with the situation sources of the Kommersant say that the consortium can become a major contender in the development of “Dry ravine”. In particular, as stated by the head of the Russian Union of gold producers Sergey Kashuba, “CL Gold” looks the best applicant for the Deposit, because “the pole” has experience of major projects and competitive advantages in the Irkutsk region.

That such a consortium can be created, “Kommersant” wrote in may of this year. Then in the “assistance” we have been informed that the Corporation have a potential partner in this field.

In July the General Director “Poles” Pavel Grachev in an interview with “Vedomosti”, called the joint venture with Rostec, the only possibility to ensure the requirement of state participation in the project. But then he emphasized that we are talking only about “understanding” at the level of the parties.

The intention of Rostec to develop “Dry ravine” “Kommersant” reported just over a year ago — in mid-July 2015. The sources claimed that the state Corporation estimated the project at 96 billion rubles., of which from one third to one half can be spent on transport and energy infrastructure.

The field “Sukhoy log is located in Bodaibo district of Irkutsk region. Its reserves are estimated 2752 t gold (97 million ounces) and 1541 t silver (54.3 million ounces), resources — 1015 t gold (35.8 million oz) wrote earlier “Kommersant”.