Home > News > World News

Gold deposit discovered in Russia

Posted on Feb 21, 05:08PM | IANS

Yakutsk (Russia), Feb 21 : 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.