BuryatzolotoMOEX BRZL Stock Report

Buryatzoloto PJSC engages in mining and processing of gold and precious metals ores. The company is headquartered in Ulan-Ude, Respublika Buryatiya and currently employs 12 full-time employees. The firm is principally involved in mining, processing and sale of gold, as well as geological exploration and prospecting. The firm is active domestically and operates through two gold mines in the Republic of Buryatia: Kholbinskiy and Irokinda. Geological and mining conditions of occurrence of ore bodies predetermined underground method of mining in the Kholbinskiy and Irokinda deposits. In Kholbinskiy deposit, as the main development systems are used systems with ore and blast-hole breaking, systems with horizontal layers of hardening tab, among others. As the main development systems of Irokinda deposit, are used room-and-pillar system development, development system to mount the cleaning space and recess stopper to the rise, among others.