Construction of a mining and processing plant, Yuzhny Island of the Novaya Zemlya Archipelago
Arkhangelsk region
Project stages and timeline:
Studies and development of design documents – 2016-2019,
Construction – 2019-2023,
Commissioning and operation – 2024-2037.
Operator — First Ore Mining Company
Preliminary investment – 37,5 billion roubles
PGRK (The First Ore Mining Company is a subsidiary of AtomRedMetZoloto) plans to construct a mining and processing plant on the Yuzhny island of the Novaya Zemlya archipelago (the Arkhangelsk region). The plant will be engaged in mining and processing of lead-zinc ores and production of zinc and lead concentrates. The project implies infrastructure establishment, primarely the port one. Engineering research for a port complex construction commenced in summer 2018. The complex will be the major infrastructure facility of the mining and processing plant project. The plant will be constructed on the premises of Pavlovskoye field with reserves estimated at over 2,5 million tonnes of zinc, 549 thousand tonnes of lead and 1194 tonnes of silver. The construction will commence in 2020. In 2023, a large-scale mining and processing complex will process up to 3,5 million tonnes of ore per annum. Project capacity of the plant will comprise about 220 thousand tonnes of zinc, 50 thousand tonnes of lead concentrates and 16 tonnes of silver per annum. To date PGRK is negotiating the details of the project with the Russian Ministry of Transportation, Federal Agency for Fishery and other government agencies.
Second phase construction of Pavlik Mining and Processing Plant
Magadan region
Phase 2 construction & commissioning – 2020-2021, nameplate capacity – 2022.
Operator — PAVLIK
Investment — $300 million
Commissioning of plant’s second phase includes capacity increase of the pit and gold beneficiation plant, construction of a new substation, expansion of existing rotation camp as the number of workplaces will rise.
Corresponding quadruple agreement was signed by the Government of the Magadan region, Gazprombank, RusHydro and Pavlik company. The project will be supported by the government to develop the second phase accompanied by the capacity increase to 10 million tonnes of ore per annum. To date, plant capacity equals about 8 tonnes of gold, new
phase will allow annual production to reach 12 tonnes of gold.
Once the Pavlik deposit’s second phase is commissioned, annual output of Kolyma will exceed 40 tonnes per annum thus coming closer to the Krasnoyarsk region’s output, the region is the industry leader in Russia.
Development of a lead-zinc deposit and construction of Ozerny GOK
Buryat Republic
The commissioning of the plant is expected in 2023.
Operator — Ozernaya Mining Company
Investment — 74 billion roubles
In 2019, Far East Investment and Export Agency and Ozernaya Mining Company signed an agreement on cooperation within the project for construction of Ozerny Mining and Processing Plant in Buryatia.
A facility for extraction and processing of lead-zinc ore with the capacity of 8 miilion tonnes per annum and a facility for production of zinc and lead-silver concentrates are planned for construction on the premises of the Ozernoe refractory polymetallic ore deposit. Project investments are valued at 74 billion roubles before 2024.
The commissioning will be executed in two phases 4 million tonnes each. In 2024, the facility is expected to process 8 million tonnes of ore per annum. In 2020, the initiator intends to receive a loan. Besides, the investor accounts for a state subsidy for infrastructure.
Development of Pechegubsky deposit
Murmansk region
Project development timeframe: 2019-2038. Nameplate capacity is expected to be reached in 2025.
Operator – Olenegorsk Mining and Processing Plant
Investment – Over 6 billion RUB
The new resident of the Russian Arctic – Olenegorsk Mining and Processing Plant (Olkon) – will develop the Pechegubsky deposit, which in turn will provide a raw material base for Olkon. The company acquired the license in 2019, previously deposit’s reserves were estimated at 80 million tons of iron ore.
The project for development and commissioning of a new field includes pit works, construction of an administrative and household maintenance building. Most of project funds (about 5.7 billion RUB) are planned to be spent on the purchase of equipment for the mining and transport complex and construction of a highway to the site of iron ore mining, an electricity supply line, as well as a railway branch adjacent to existing tracks.
The extraction of iron ores and processing of 80 million tons of ore reserves at the Pechegubsky deposit will allow Olkon to produce a little more than 20 million tons of iron ore concentrate additionally by 2038.
Development of the Afrikanda deposit
Murmansk region
Operator: Arcmineral-Resurs
Investment: 17,9bn RUB
The project implies production of high-tech materials which are now demanded in Russia: titanium dioxide, rare metals, including rare earth metals. Investment will be some 17,9bn RUB. Nameplate capacity is projected to be reached in 2024.
Development of the Peschanka deposit within the Baimskaya license area and construction of Baimsky Mining and Processing Plant
Chukotka Autonomous Region
Lead time — 2020-2028
Operator — GDK Baimskaya
Investment — $2 billion
The commissioning of Baimsky Mining and Processing Plant is planned for 2022, the facility will be located on the premises of one of the largest copper-gold deposits Peschanka. The nameplate capacity will be reached in 2028. Plant construction is expected to attract about 360 billion roubles of investment in the region and create over 3,5 thousand workplaces. Project agreement was signed in 2018. The project was included in social economic development strategy of the Far East and Baikal region. Baimsky Mining and Processing Plant will produce 148 thousand tonnes of copper and 276,5 thousand ounces of gold per annum.
Kaz Minerals is the investor. Estimated Baimskaya licence area’s reserves comprise 23 million tonnes of copper and 2 thousand tonnes of gold. GDK Baimskaya owns the licence for Peschanka with the reserves equalling 7,1 million tonnes of copper.