JRL NEWSWATCH: “Russia’s New Shield From U.S. Sanctions: A Siberian Gold Mine; Sukhoi Log, widely seen as one of the world’s largest untapped gold deposits, could give Moscow a bulletproof currency backstop” – Wall Street Journal/ Thomas Grove

Map of Russia and Russian Flag adapted from images at state.gov

“… Tests commissioned by the company last year and undertaken by Australia-based AMC Consultants, along with a scoping study conducted in 2018, determined that there are 63 million ounces of gold at Sukhoi Log, Polyus has told investors. While independent mining analysts haven’t confirmed that estimate on their own, many of them refer to Sukhoi Log as one of the […]

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