Results of tender to explore and develop

Results of tender to explore and develop
23 March 2006


Saratovnedra announces deadline for accepting bids for exploration and development of the Tersinskoye limestone deposit located in the Saratov region. Among bidders are those of Eurocement Group, IKA-Edelveys, Saratovskiy Tekstil and Industriya Plus Saratov. Recoverable reserves of the Tersinskoye province are estimated at over 143Mt of cement equivalent. The successful bidder of the tender will gain a 25-year license for the deposit. Published under Cement News