{"id":1162297,"date":"2020-01-28T14:01:00","date_gmt":"2020-01-28T20:01:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=b33f5b5f900cd0163d867fca95aaaa6b"},"modified":"2020-01-28T14:12:05","modified_gmt":"2020-01-28T20:12:05","slug":"russias-yakutia-governor-says-decision-on-mechel-mine-due-in-q1","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1162297","title":{"rendered":"Russia&#8217;s Yakutia governor says decision on Mechel mine due in Q1"},"content":{"rendered":"<p>A decision on the future of the Elga coal project, one of the world&#8217;s largest coking coal deposits, is likely in the first quarter of 2020, the regional governor said in an interview.<\/p>\n<p>Expansion of the mine, first developed by Russian steel and coal producer Mechel, has stalled in recent years as the project in the remote Yakutia region of Russia&#8217;s Far East demands significant investment to reach its annual operating capacity of 30-million tonnes.<\/p>\n<p>Mechel, controlled by businessman Igor Zyuzin, has been weighing its options regarding Elga, its biggest growth asset, for some time as it continues talks with creditors over restructuring $6-billion in loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A decision on the future of the Elga coal project, one of the world&#8217;s largest coking coal deposits, is likely in the first quarter of 2020, the regional governor said in an interview.<\/p>\n<p>Expansion of the mine, first developed by Russian steel and coal pr&#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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