FIS reported that RCC will start the development project of the mining combine, to become Russia's largest enterprise of this kind, in 2008.

Its projected capacity will total 20 million tonnes of processed ore per annum. The project costs may total USD 500 million. The combine is to be put into operation in 2011.

RCC bought Mikheevskoye copper and gold deposit in the Chelyabinsk region for USD 33 million from Ireland's Celtic Resources.