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Exhibit 10.53
Translation from Russian
LICENSE
FOR THE RIGHT TO USE MINERAL RESOURCES
HAB 01426 BP
series number type
Issued to: Closed Joint-Stock Company "Tas-Yurjah" Mining Company - L. Tolstoy
Street, 8, Khabarovsk
in the person of: General Director V.A. Kravtsov
Goals and types of operations: geological study of ore gold on the N-E flank of
Kurun-Uyah ore district
The claim is located: in the Ayan-Maya Region of the Khabarovsk Territory
A description of the borders of the claim, the coordinates of the corner points,
copies of topological plans, sections and so on are attached as attachment
number: 1
The claim has the status of: a geological allotment
Expiry date of the license: December 31, 2004
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The following documents form an integral part of the license:
1. Resolution of the Committee of Natural Resources to issue the license, 1
sheet
2. Conditions of the use of mineral resources, 2 sheets
3. Conditions of geological information transfer, 1 sheet
4. Approval of the State Environmental Committee of the Khabarovsk Territory,
1 sheet
Authorized representative "Approved"
of the Ministry of Natural Resources Director of Department of Natural
of Russian Federation Resources and Resources mining
Chairman of the Committee on Industry of the Administration
Natural Resources of the of the Territory
Khabarovsk Territory G. Pocherevin
V. Troyan
/s/ G. Pocherevin [SEAL]
/s/ V. Troyan [SEAL] Date: June 2, 2000
Date: May 31, 2000
Head of the enterprise
securing a license
V. Kravtsov
/s/ V. Kravtsov [seal]
Date: May 25, 2000
2
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THE PIONEER GROUP, INC.
60 State Street
Boston, MA 02109-1820
617-742-7825
[PIONEER LOGO]
The undersigned hereby certifies that the translation of License No. HAB
01426 BP for the Right to Use Mineral Resources dated as of June 2, 2000 issued
by the Committee on Natural Resources of the Khabarovsk Territory to Closed
Joint-Stock Company "Tas-Yurjah" Mining Company to which this certification is
attached is a fair and accurate translation of the original document executed in
Russian.
Dated: June 13, 2000
/s/ Catherine Mannick
---------------------------------------------
Name: Catherine Mannick
Title: Vice President and Assistant General
Counsel, The Pioneer Group, Inc.
