The processing plant, which is being built by the Polymetal group at the Veduginskoye gold deposit in the Krasnoyarsk Territory, will begin work this year. The equipment start-up is planned for the summer months.
The resource base of the deposit is estimated at 6 million ounces of gold with an average content of 4.7 grams per ton. According to JORC standard proven reserves are 4 million ounces grading 3.9 grams per tonne.
The Amikan subsidiary (part of Polymetal) has already completed the construction of an underground mine and has begun digging an additional adit. This year it is planned to go through 4.6 kilometers of underground workings.
Currently, preparations are underway at the site for the installation of a special conveyor lift. It will allow extracted ore to be delivered to the surface without the use of underground transport. In the meantime, raw materials for the future factory are extracted by open-pit mining.
Once it reaches full capacity, the processing plant will be able to process 2.2 million tons of gold ore annually.
The launch of the factory on Veduga will be an important milestone in the development of gold mining in the Krasnoyarsk Territory and will strengthen Polymetal’s position in the region.
Source: @nerzhavey
Image: @nerzhavey
