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Gold Deposit of over 100 tons found in Russia
Recently a gold deposit estimated at over 100 tons has been discovered in Siberia. This news has been announced by the Russian National Geological Prospecting Co. on Tuesday. The Republic of Buryatia in East Siberia is where the gold deposit lies. It has been found in the Perevalny Block, owned by Geomin Management. There might be more of this, and that's why Geomin has designs of investing $18 million here for additional exploration in 2009. Russians had their gold glory, but in recent here the shine has gone down a bit as the reserves have suffered depletion. So the discovery of some bling here must be quite a relief for the gold business.
by geetu, posted December 9, 2008 - 1:49 PM in Other Stuff | Comments ()
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