 |
MKT&IND REPORTS |
 Russia’s Kamchatka Region plans to compete with Yakutia, Magadan Region and the Angara district in gold mining volumes and become one of the five largest gold mining regions in Russia, as compared to current 13-th place. Already in 2017, the region may boost gold mining fourfold to 10 tonnes as compared with 2013.
“By 2020, we plan to increase gold mining to 15-20 tonnes”, Vladimir Ilyukhin, the region’s governor, said. “Projected reserves of the precious metal in the region are huge – up to 1,000 tonnes. We have just starting developing the gold mining industry. I would like the mining industry to become one of the major economies of the region, along with fishery”, he said.
TODAY
In January–June, Kamchatka had almost doubled gold production to 2.2 tonnes. Currently, six companies mine gold in the region, namely Koryakgeoldobycha and KamGold (both controlled by Renova multi-industry group), Trevozhnoye Zarevo (owned by Trans-Siberian Gold), as well as GGP Severnoye, Kamchatka prospectors artel and Karaginskaya Mining Company.
Three new mines have been discovered within the last time: Asacha, Zolotoy and Kungurtsevsky.
The region has 62 gold deposits, including 12 lode gold deposits and 50 placer gold deposit, as well as five platinum placer fields, one copper and nickel deposit Shanuch, which also contains cobalt and platinum group metals. At the same time, the mineral resource base’ level of knowledge amounts to 4%, which indicates the latent potential.
BRIGHT FUTURE
This year, KamGold plans to launch a mining and processing plant at the Ametistovoye deposit. In 2016, Russia’s Siberian Mining and Metallurgical Alliance (SiGMA) plans to start mining at the Ozernovskoye deposit. KamGold also plans to start mining at the Baranyevskoye deposit in 2017 and at the Kumroch deposit in 2023.
“The volume of investments in deposits and construction of mining and processing plants is increasing. Last year, we saw an increase in gold mining of 20%, while the currently implementing projects (Ozernovskoye, Baranyevskoye, Ametistovoye) will allow boosting gold production fourfold within the next two years”, Ilyukhin said.
Iluykhin assured the gold mining companies in overall support. “Locally, we are developing new stimuli for investors in this sector of economy. From the next year, the companies, which build mining and processing facilities, will start receiving regional tax allowances on new capacities along with the preferences from the federal government”, he said.
For example, SiGMA will obtain partial compensation of interest payments on banking loan from the local budget. Total investment in realization of the Ozernovsky gold project will exceed 12 billion rubles. Within the five years period, regional support will account for about 250 million rubles. At the same time, tax payments for the period of the development of the deposit will exceed 13 billion rubles, including 10 billion rubles in regional and local budgets.
INFRASTRUCTURE
Besides the tax preferences and allowances, the region’s government plans to search measures for a support of priority investment projects in the mining industry, including the creation of the neccessary infrastructure. In particular, Interminerals Management (also controlled by Renova) plans to set up the power and transport infrastructure in the Kamchatka Region to form a mineral resource complex, construct Balkhach, Kumroch and Ametist mining and processing plants. Investments were estimated at 19.373 billion rubles.
Currently, there are eight gold mining projects under realization in the region. All the projects need infrastructure, including electric power lines and roads. Additionally, the gold miners are ready to build lodging in Kamchatka. “We are interested in local and constant staff and are ready to participate in building houses for the employees”, said businessman Viktor Vekselberg while discussing the idea with the region’s governor.
Development of the mining industry and active development of resources in the western Kamchatka will change of structure of the regional labor market. The significant part – up to 20% of citizens – will be employed at the newly created high paid work.
PROJECTS
1. Construction of the mining and processing Ametistovy. Planned output – 4 tonnes of gold annually. Total cost – 6.764 billion rubles.
2. Construction of the Baranyevsky mining and processing plant. Needs construction of automobile road for realization of the project. Planned output – 3.5 tonnes of gold annually. Total cost – 9.951 billion rubles.
3. Construction of a mining and processing plant at Vetrovayamskaya area. Needs construction of infrastructure objects. Projected resources – over 20 tonnes of gold. Total cost 360 million rubles.
4. Construction of a mining and processing plant at the Maletoyvayamskaya area. The implementation of the project is difficult due to the lack of all seasonal road and exterior power generating capacities. Projected resources – over 140 tonnes of gold. Total cost – 534 million rubles.
5. Construction of a mining and processing plant at the Kumroch deposit. Realization of the projects needs construction of the all season road and an entrance through Shestaya river. Reserves amount to 30 tonnes of gold, resources – 170 tonnes of gold. Total cost of the project 10.59 billion rubles.
6. Construction of a mining and processing complex Oganchinskoye. There is only a trac road to the deposit with the lack of any other infrastructure. Reserves – 3 tonnes of gold, resources – 10 tonnes of gold. Approval of the reserves is scheduled for 2014. Total cost – 380 million rubles.
7. Construction of a mining enterprise Zolotoye. Planned output of 900 kilograms of gold. An approval received for underground mining. Total cost – 1.612 billion rubles.
8. Mining and processing plant at the Ozernovskoye deposit with an annual output of up to 10 tonnes of gold. The owner (SiGMA) has already purchased mining equipment. At the same time, the infrastructure lacks. The power will be supplied from independent power source. The capacity of a gold mill will amount to 250,000 tonnes annually, annual output – 1.8 tonnes of gold.
Design of the first phase of a mining and processing plant with a capacity of 250,000 tonnes has already been completed. The project also envisages construction of a road and electric power line to the deposit. Total cost of the project – 5.132 billion rubles.
9. Geological survey, exploration and copper, gold, and silver mining at the Khim-Kirganiksky ore cluster.
End
17.09.2014 16:51
|
