17 Sep '10
The federal subsurface management agency Rosnedra has announced an auction to sell an exploration, development and extraction license on Gozogorsky fluoride deposit in Zabaikalsky region.
The starting price for the lot is reportedly set at $2.2m.
The deposit reserves are estimated at 21.326 million tons of ore and 6.528 million tons of calcium fluoride.
The deposit is located in the region’s Krasnokamensky district.
The bids are accepted till October 12, with the auction to be held on November 10, 2010.