OREANDA-NEWS. March 26, 2012. Polyus Gold International Limited (LSE – PLGL, OTC (US) - PLZLY), a leading gold producer in Russia and Kazakhstan, announces that it has signed a contract with CEMTEC Cement and Mining Technology GmbH Austria (CEMTEC) to manufacture and deliver SAG Mill and Ball Mill for the Company’s Natalka project for a total cost of Euro 36.2 million, reported the press-centre of Polyus Gold.

The contract includes the provision of the following equipment:

10.4 by 6.1 metre SAG Mill with throughput of 1.228 thousand tonnes of ore per hour

8.2 by 14 metre Ball Mill with throughput of 1.228 thousand tonnes of ore per hour

Auxiliary equipment including liner handlers, bolt hammers, grinding media dosing machine, special tools and spare parts.

The equipment is planned to be delivered to the sea port of Magadan in the Far East of Russia in the first quarter of 2013 and installed at the Natalka processing facility in the third quarter of 2013. With the purchase of this key long-lead processing equipment Polyus Gold is fully on track to commission a 10 million tonnes per annum processing plant at Natalka in December 2013.