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For my company, attention this Adam Smith conference is an opportunity to meet with our industry colleagues, to tell the industry about what we do, to hear about what is happening in the sector, meet with potential investors, and other people who play a role in the development of gold mining in Russia.
I think the slight fall in the price of gold that we have witness recently is only temporary. The forecasts for gold: $1,800-2,000 per ounce, and so we expect that the market will grow, and we have a very positive outlook for 2013 and 2014.
This year is a critical one for our company. Last year we opened a [???????...], and we need to build up production there, as in 2012 it produced only 640 kilograms of gold -- our plans for this year are to almost double this, to 1,200.
In 2014 we are aiming to produce two tons, so the coming year is critical for us in terms of establishing ourselves as a gold producer. We are trying to move from geological research, towards stable gold production.