In October 'Vysochaishiy' to launch the first queue of Ugahan.

JSC "Vysochaishiy" (GV Gold) was going to launch the first phase of the Ugahan GOK (the Bodaibo district of the Irkutsk Region) in October this year, investments in its construction were estimated at 6 billion roubles ($ 100 million), the company's CEO Sergey Vasiliev stated in an interview with local media.

By this time, the company will complete the construction of the main GOK objects: a shift camp, reservoir dams, utilities, as well as the purchase and supply of mining and transport equipment to the plant. The company is expected to use modern mining equipment, including usage of excavators CAT 6018 FS for the first time in Russia.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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