Russian Platinum will increase platinum production to 40-50 tons

The Russkaya Group is going to maintain platinum production at a level of 3.6 – 3.75 tons in 2014, the president of the company M. Galayev says. In 2013, platinum yield was less than 3.6 tons. Gold production is also going to remain at a level of 3 tons, the owner of Russian Platinum M. Bazhayev says. After the launch of the Gora Chyornaya license, Norilsk-1, they are going to increase platinum production to 40-50 tons but it will happen after 2018-2019. In the near future the company is going to raise credits. It will invest $4 billion to the Krasnoyarsk region, including 30% invested by the shareholders, and the rest will be the loaned funds.