Altai Krai increased gold output in January-June by 7%

20 Jul 2016

Subsoil users of the Altai Krai increased gold production by 7% to 357 tons, and reduced silver production by 43% to 10.373 tonsin the first half of 2016compared to the same period last year, according to the head of the regional department for industry and energy, Viktor Meshcheryakov, which answered the question of PRIME Agency during an online forum. As he said, the administration expects the extractionof about 1 ton of gold and about 18 tons of silverin the Altai Krai by the end of the year. In 2015, according to the Ministry of Finance, 736.39 kg of gold was produced in the Altai Krai.According to Viktor Meshcheryakov, OOOZoloto Kuryichangedthe ownership this year (ZAO ZRK Omchak, belonging to AO Susumanzoloto and SE Petropavlovsk, has acquired 100% of the company shares, previously under control of OOO Management of Mining Projects), and in 2016 it resumed work at the quarry at the Novofirsovsk gold deposit.In 2015, the hydrometallurgical plant of the enterpriseprocessedraw materials of third parties. OAO Siberia Polymetals (part of UMMC) is developing Korblihinsky mine. "The timing of reaching the project capacity of Korblihinsky mine of 1.5 million tons of ore per year will be determined by the pace of capital investment in its facilities (total now estimated at 18.2 billion rubles, with more than 4.2 billion funded at the moment), as well as time of putting into operation of processing capacities,”- said Viktor Meshcheryakov.He added that Siberia-Polymetalsby this time process Korblihinsky’sore at Rubtsovsk enrichment plant. However, its capacity is not enough to reachKorblihinsky mine at design capacity.As the processing capacity, the company is considering the following options: construction of the enrichment plant at the Korblihinsky, reconstruction of the Rubtsovsk enrichment plant and processing of the main part of Korblihinsky’sore near the Korblihinsky mine, and the rest atthe Rubtsovsk to reach its capacity.

Source: Economical Information Agency «PRIME»