private gold mining! open season in Russia!
Russian Klondike Gold Rush is on the way
16.02.2011
http://english.pravda.ru/russia/economics/16-02-2011/116923-russian_kl ondike-0/
Russia may legalize private gold mining, which was banned in the country during the 1950s. Deputies of the Russian State Duma upheld the initiative, having approved amendments to the law "About Underground Resources" in the first reading. Spokespeople for the Russian regions rich with placer gold, are interested in the amendments.
Wild Wild East??!!
“Supergiant” gold deposit discovered in Russia’s east
16 February, 2011
http://rt.com/news/giant-gold-deposit-chukotka/
The governor of Chukotka, Roman Kopin, has reported to Prime Minister Vladimir Putin about a giant gold deposit discovered in his region in Russia’s Far East.
For two years investors have been carrying out geological exploration of the Peschanka deposit in the Baim ore field, and according to their estimates, the reserves of gold there may exceed 1,500 tons, making it one of the five largest deposits in the world.
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