News
2  December  2004
IFC METROPOL’s affiliate won an auction of the right to use mineral resources of Nazarovskoye deposit in Buryatia

An auction of the right to use mineral resources of the Nazarovskoye deposit in the Republic of Buryatia was held on November 30, 2004. The auction was declared by Russia’s Ministry of Natural Resources and the Government of the Republic of Buryatia.

OOO Yaruuna Invest, set up by OOO Techprominvest, a subsidiary of IFC METROPOL, won the auction of the right to use mineral resources to explore and mine gold, sulphide and zinc ore at the Nazarovskoye deposit in the Republic of Buryatia.

IFC METROPOL’s victory was determined by its efforts to develop its industrial business.
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