KNOWN RESULTS OF DEVELOPMENT OF GOLD DEPOSITS in Karachay-Cherkessia
Gold reserves in this mountainous republic in the North Caucasus exceed 500 tonnes. The once-secret data revealed the head of Territorial Administration Ministry of Natural Resources of the Russian Federation on KCR Aslambek Tambiev. He was speaking at a meeting with a delegation of businessmen of the republic of the Russian Union of Industrialists and Entrepreneurs, led by the president of Entrepreneurs Arkady Volsky. According to him, in the bowels of the earth are as a vein and alluvial deposits.
Volume placers for geologists, is 300 kg. Gold mining is conducted in Karachay-Cherkessia, starting with the 30-ies of the last century.
