BasEl in talks to mine Tuva metals deposit with China's Longxing.

Russia & CIS Business and Financial Newswire | August 6, 2008 | Copyright

BasEl in talks to mine Tuva metals deposit with China's Longxing

MOSCOW. Aug 6 (Interfax) - Oleg Deripaska's Basic Element (BasEl) held negotiations with OOO Lunsin (LLC Longxing), a subsidiary of China's Zijin Mining Group and Heilongjiang Longxing International Resource Development Group, on the joint development of the Kyzyl-Tashtyg zinc and lead deposit the internal Russian republic of Tuva, BasEl deputy general director Andrei Plugar told Interfax.

The deposit, the rights to which are owned by Lunsin, has estimated reserves of 1.2 million tonnes of ...

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