LONDON (Thomson Financial) - OJSC Polyus Gold said it won an auction on entrails usage licenses for eastern and western parts of Medvezhiy field in Irkutsk region for a total price of about 1.3 mln usd.
The company said it will invest about 18 mln usd in exploration works over the coming 6 years. TFN.newsdesk@thomson.com ukn/lht COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.