100 tonnes of gold discovered in Russia's Dagestan

A structure containing gold resources amounting to 100 tonnes was discovered in the territory of the Russia’s Dagestan, Russian Minister of Natural Resources Sergei Donskoi said.

"A gold-bearing structure with the resource base of 100 tonnes under Category P1-P2 [inferred resources] was discovered in the territory of Dagestan," TASS cited the minister as saying.

Donskoi added that the auction for this field is planned in 2018.