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Eastern Economic Forum

Seligdar expects to have feasibility study of Kyuchus project in H1 2025

"We reviewed technologies and contractors inside the country and overseas," CEO Alexander Krushch said

MOSCOW, September 2. /TASS/. Seligdar expects to have the feasibility study for the Kyuchus gold deposit project in Yakutia in the first half of 2025, President and Chairman of the Board of Directors of the company Alexander Krushch told TASS in an interview within the framework of the Eastern Economic Forum (EEF).

"We are to receive the feasibility study of the project as early as in the first half of 2025. Then we will transfer it into design documents," the chief executive said. Kyuchus is an interesting deposit and the company tried to look at experience of other companies working with such project to the maximal extent possible, he noted.

"We reviewed technologies and contractors inside the country and overseas. It can already be said that equipment for the project will be from friendly countries," Krushch said.

Seligdar informed earlier that the company engaged an international consortium to work out the Kyuchus project development process.

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Eastern Economic Forum

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Russia’s Sukhoi jet catches fire while landing in Turkey

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Kremlin sees US-led West ready to do anything to suppress Russia

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Russia’s Medvedev warns Europe could face 'catastrophic damage' from Oreshnik missile

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Europe's 'hotheads' for sending troops to Ukraine, but there is no unity — Kremlin

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Russian national Nikita Zhuravel sentenced to 14 years in prison for high treason

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Russian diplomat doesn’t rule out missile deployment in Asia as response to US’ actions

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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Europe resumes talks of troop deployment to Ukraine — newspaper

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Europe unable to wage war attrition on Russia — Ukraine’s ex-commander-in-chief

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US Army under Trump may fire all trans persons — media

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Putin has high hopes for cancer vaccine being developed in Russia

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Netanyahu approves deal with Hezbollah 'in principle' — report

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Weapons supplied to Ukraine cannot reach Russian territory, Spanish defense minister says

The New York Times reported on November 17 that US President Joe Biden had authorized the use of US-supplied ATACMS tactical ballistic missiles for strikes inside Russia

Georgian presidential elections should be held in 2024 — parliament speaker

Shalva Papuashvili also noted that the parliament will determine the exact date of the election on Tuesday

Ukrainian strikes inside Russia impossible without Western support — newspaper

Russian President Vladimir Putin said on September 12 that Ukraine was unable to strike inside Russia without the West’s assistance because it would require intelligence data from satellites and flight assignments

FACTBOX: Cargo aircraft crashes into apartment building in Vilnius, Lithuania

Twelve local residents have been evacuated from the scene