Russia plans to grant Dagestan 150 million rubles to search for gold deposits. The contractor will receive 20 million rubles in 2014 and the rest after concluding searches in late 2016, Rossiyskaya Gazeta reports.
Bids for the tender will be accepted until June 16. The tender results will be concluded on June 18.
Searches for gold will be organized in the north-western part of the Kurush-Mazinsky mining area. The company that will be hired to search for gold will find gold deposits and give recommendations on further work.
