Abramovich buys Russian gold deposit

Abramovich buys Russian gold deposit

MOSCOW – Russia’s richest man, Roman Abramovich, has acquired a gold deposit in the remote far-eastern Chukotka region, of which he is the governor, his investment vehicle said on Friday.

“We have bought the Dvoinoye deposit,” said John Mann, spokesman for Millhouse LLC. “The governor and the companies associated with the governor …are interested in long-term development of Chukotka and its natural resources,” he added, declining to give more details.Vedomosti business daily reported on Friday that Dvoinoye was estimated to contain some 260 000 ounces of gold.Forbes magazine has estimated the fortune of Abramovich, owner of Chelsea soccer club, at US$19,2 billion.Nampa-Reuters”The governor and the companies associated with the governor …are interested in long-term development of Chukotka and its natural resources,” he added, declining to give more details.Vedomosti business daily reported on Friday that Dvoinoye was estimated to contain some 260 000 ounces of gold.Forbes magazine has estimated the fortune of Abramovich, owner of Chelsea soccer club, at US$19,2 billion.Nampa-Reuters

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