POLYVS SIGNS AGREEMENT WITH RUSHYDRO ON POWER SUPPLIES FOR NATALKA MINE

摘要

Polyus Gold has signed an agreement of intent with the Federal HydroGeneration Company (RusHydro) regarding power supply from the existing Kolymskaya hydropower plant and Ust-Srednekanakaya hydropower plant currently under construction to future Natalka Mine in Magadan region, Russia's No.l gold producer said in a statement on April 2. The Russian State Investment Committee in October last year reviewed the application for the state support of the Natalka investment project submitted by OJSC Matrosov Mine, a subsidiary of Polyus Gold. The application was recognized as corresponding to the goals and objectives of the Investment Fund, the statement said.