Chelyabinsk regional government approves quotas on precious metals mining for two companies

The quotas are approved for Aleksandrinskaya gornorudnaya kompaniya JSC and Miasszoloto JSC. Their total limit is 635 kilos of gold, 22 tones of silver and 1 kilo of platinum. The projected returns to the regional budget should be about 12 million RUR.

According to the report made by Chelyabinsk Minister of Industry and Natural Resources Evgeny Teftelev, on December 30, 2005, the regional commission for examination of applications and suggestions on quotas allocation considered and approved application documents of the mentioned companies, and found no complaints to file against their mining activities. By the date of their application consideration both companies managed to pay off their penalty provision debts.