Kemerovo branch of Russian Mining Agency has put the parcels on auction to be held on June 27.
Kotinskiy (Sokolovsk black coal deposit), Kyrgayskiy Tsentral’nyy (Krasulinsk deposit) and 8 Marta (Prokop’evsk deposit) parcels will be auctioned. Start prices are set at 8.5, 24 and 1.3 m roubles, respectively.
Bids are due June 4 (for Kyrgayskiy Tsentral’nyy and 8 Marta) and June 5. The permits to explore and develop the parcels provide for 20-year terms.