Avellana Gold has opened its Ukrainian representative office in Kyiv. The office will be managed by Andriy Smolin. Avellana Gold plans to create a large-scale gold and polymetal ore mining business in Zakarpattia giving employment to several hundred workers. Total budget of the project makes up almost 100 million dollars. The company is currently exploring a polymetal deposit in the village of…

Avellana Gold CEO Brian Savage had a meeting with representatives of investment promotion company UkraineInvest in Kyiv. In the course of meeting the companies discussed efficient ways of doing business in Ukraine. According to Avellana Gold, investment climate in Ukraine is improving and the country is becoming more and more attractive for business, yet foreign investors often encounte…

Avellana Gold got new opportunities for running business in Ukraine and establishing cooperation with world leaders in different spheres. The Company has recently joined European Business Association – one of the most influential communities, which represents investors in Ukraine in order to improve investment climate in the country. European Business Association decide…

Environmental situation in the territory of Muzhiyevo deposit is difficult, since after the activity of previous mining companies ore dumps have been left in the vicinity. They contain concentrated ferric sulphides and other heavy metals oxidizing surface water run-offs. Elimination of such consequences is the primary task of Avellana Gold in the territory: the company has already started reclamat…

These days there has taken place the meeting of the CEO of Avellana Gold Brian Savage with the representatives of the Ministry of Economy of Ukraine and the State Services of Geology and Deposits of Ukraine. The representatives have discussed attraction of investment in Ukraine as exemplified by Muzhiyevo polymetallic deposit, as well as technical issues relating to the project implementation.…