{"id":2211,"date":"2013-05-15T19:05:12","date_gmt":"2013-05-15T23:05:12","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=2211"},"modified":"2013-05-15T19:05:12","modified_gmt":"2013-05-15T23:05:12","slug":"investor-puts-1bn-in-russian-gold-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=2211","title":{"rendered":"Investor puts $1bn in Russian gold mine"},"content":{"rendered":"<p><strong>Russia Today<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-2214\" title=\"rusmap160\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2013\/05\/rusmap160.jpg\" alt=\"\" width=\"160\" height=\"156\" \/>In an effort to double gold production by 2018, Russia\u2019s largest gold producer, Polyus, has attracted $1bn in investment for the 3rd largest undeveloped gold deposit in the world.<\/p>\n<p>Russian Federation Deputy Minister for the Development of the Far East Dmitry Shelekhov confirmed the 32 million rouble investment, but would not disclose the source,\u00a0<em>ITAR-TASS<\/em>\u00a0reported.<\/p>\n<p>The Natalka mine is the newest development from Polyus, and is located 400 km from the seaport of Magadan, in the remote and barren northeast corner of Russia.<\/p>\n<p>The mining of precious metals is a lifeline for the local economy, Magadan Oblast Governor Vladimir Petcheny told\u00a0<em>ITAR-TASS<\/em>.<\/p>\n<p><a href=\"http:\/\/rt.com\/business\/mystery-investor-russian-gold--313\/\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an effort to double gold production by 2018, Russia\u2019s largest gold producer, Polyus, has attracted $1bn in investment for the 3rd largest undeveloped gold deposit in the world.<\/p>\n","protected":false},"author":1,"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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