LLC Tardan Gold, part of Sweden's Central Asia Gold AB, will build a gold recovery plant costing 94 million rubles in Tuva this year, the Tuva government's press office told Interfax.The plant will be built close to the Taldan gold field in the settlement of Bai-Syut, 80 km east of Kyzyl. It will be capable of processing 100,000 tonnes of ore and extracting 800 kg of gold per year.
Tardan Gold intends to prospect for gold and other metal deposits in the republic.
Tuva increased gold production 135 kg to 1.758 tonnes in 2005.