Ukraine puts gold deposit site on auction for first time

Open source

The State Service of Geology and Mineral Resources of Ukraine put up for electronic auction Zheltovodska gold ore deposit site, located in Dnipropetrivsk region. Its area is more than 1,000 hectares, the press service reported.

The auction will take place in real time on December 23 in the Prozorro system.

“Zheltovodska site has ore resources and commercial grade of gold and niobium (an accompanying mineral). The site is offered to investors for geological exploration and pilot development for a period of 5 years. The starting price of the lot is UAH 4.48 million,” the message says.

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