Russian mining company JSC Pavlik has placed 35 million USD (about 200 million DKK) order for a 3 million tonnes gold ore processing plant to be located in Tenkinsky, Magadan on FLSmidth (OMX: FLS). The order covers the complete processing plant excluding grinding mills. The order will provide earnings until late 2013. The company says that gold market outlook is expected to remain positive with many recent orders for the company from North America and Russia.
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