Kiev. Ukraine. Ukraine Gate – December 24, 2020 – Economy
An unknown company with a Turkish owner will buy the Zhovtovodsk gold-bearing plot for 5 million 735 thousand hryvnias. Its authorized capital is only 869 hryvnias.
And they connect it with the Turkish Onur Group Ukraine. In total, only two companies participated in the bidding. The starting price of the lot was almost 4 and a half million hryvnias.
The winner of the tender will receive the site for a period of five years and will be able to conduct research and industrial production. Currently, the area of the Zhovtovodsk area in the Dnipropetrovsk region is 1,000 hectares.
And in addition to gold, there is niobium – a light gray shiny plastic metal. On December 23, an electronic auction was held for the sale of 13 special permits with deposits of groundwater, amber, manganese ores and gold, as well as alkaline kaolin and crucible.
During the competition, the total value of lots increased six times – from 6.5 to 38.4 million hryvnias.
The Central Banks of many countries have resorted to selling gold. This trend has emerged for the first time since 2010, and decided to take advantage of this because of the coronavirus and the crisis brought by the pandemic.
A World Gold Council (WGC) net sales for the third quarter of this year were just over 12 tons. Meanwhile, in 2019, more than 141 tons of gold were purchased. Among the sellers are Turkey, Uzbekistan and Russia.