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Gold deposit discovered in Russia

Russia,Business/Economy, Thu, 21 Feb 2013 IANS

Yakutsk (Russia), Feb 21 (IANS/RIA Novosti) A new gold deposit has been discovered in Russia's Siberian republic of Yakutia, the region's economics ministry said Thursday.

The deposit in Gora Rudnaya in the republic's Aldan district may hold about 200 metric tonnes of gold, according to the statement.

The deposit has already been registered with the Federal Agency for Subsoil Usage. It will be auctioned shortly after its value is determined.

The Republic of Sakha (Yakutia), a vast Siberian land of taiga and permafrost, is known for its vast gold and diamond reserves.

--IANS/RIA Novosti

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