The development of the company is a reflection of the successful, phased implementation of the asset value enhancement strategy. The following principles are the cornerstone of the strategy:
1) The strategy for investment objects selection is determined by the presence of:
∙ significant potential in the development of the resource base;
∙ exploration and preparation for the development of gold reserves to ensure accelerated start-up of gold production and cash flow generation;
∙ developed infrastructure.
2) The development strategy of selected investment objects includes:
∙ quick start of gold production (the factory was built and launched in 9 months);
∙ forced expansion of the resource base to increase gold output;
∙ introduction of modern working methods and technological modernization of production to increase productivity
∙ development of the potential of the territories adjacent to the deposit for a significant increase in gold output.