With a modest investment of EUR 20 million, the Pampalo mine was built fully operational and now produces 800 to 900 kg of pure gold annually. An on-going expansion will increase the mine’s production capacity by 30 to 50 % next year.
In addition to the main underground mine at Pampalo, several promising satellite gold deposits are being investigated along the long Karelian gold line. The maximum distance of the satellites is 30 km, allowing the mine to transport and process all of the produced ore at the Pampalo plant.
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