“Barrick Gold” has already been taking part in two gold reserve developments in Yakutiya and has been actively looking for new gold fields spending up to USD 7 million a year for geological surveys. Now company management is conducting negotiations with “Norilsk Nickel” about acquiring the controlling block of shares from their affiliated company “Polus Zoloto” which gains 35 tons of gold per year and has the investigated reserves of 428 tons of gold.
“Barrick Gold”(Canada) trying to strengthen their position in gold mining in Russia