Wednesday, December 11, 2013

CONSTRUCTION MINING BYSTRINSKO AFTER STUDYING FOR NORILSK NICKEL

CONSTRUCTION MINING Bystrinsko After studying for Norilsk Nickel
CONSTRUCTION MINING BYSTRINSKO AFTER STUDYING FOR NORILSK NICKEL

Norilsk Nickel said that the project documentation for the construction of Bystrinsky GOK has passed the state examination. Bystrinsky mine to be built as part of the Chita project company.

This investment project to develop the mineral resources of the Trans-Baikal region is implemented in a public-private partnership. Partners are Norilsk Nickel and the Investment Fund of the Russian Federation, is co-financed the construction of the railway to the fields. The company is currently engaged in the construction of infrastructure and access roads to the fields, carried out design work on Bugdainskaya GOK. The total investment in the implementation of the Chita project - 104.6 billion rubles.


Means of Norilsk Nickel will be more than 80 billion rubles., Of which 72.4 billion rubles. will focus on the development of an independent and Bystrinsky Bugdainsky fields.

Construction is scheduled to begin Bystrinsky Mining in April 2013, completed in 2016 By 2017, production is expected to reach full capacity.

In accordance with the project document, the annual level of production should reach 10 million tons of ore, 65.8 thousand tons of copper in concentrate, 2.1 million tonnes of iron concentrate, 6.9 tons of gold in concentrate, 35.9 tons of silver concentrate.

Entering production capacity is planned to implement two-four launchers complexes capacity of 5 million tonnes per year each.

Ore extraction will be carried out with the use of open pit drilling and blasting operations in four pits, two of which (Upper Ildikansky and Bystrinsky-2) will be practiced during the lifetime of the GOK, and the other two (Small Copper Kettle and South Sister) are introduced for use later.

Technological scheme of ore processing involves coarse crushing and the subsequent two-stage grinding to produce gold concentrate in a centrifugal concentrator, a copper flotation to produce a copper concentrate, magnetic separation of copper flotation tailings to produce magnetite concentrate, concentration and placement of the combined tailings in the pond.

It is planned that the period of work on a proven reserves amount to 34.

Commissioning Bystrinsky GOK will provide Trans-Baikal Territory create 2,375 thousand new jobs.

Prospects of development of the Russian copper industry will be discussed at the 2nd All-Russian Conference `Copper, Brass, Bronze: Trends in Production and Consumption 2013 #39;, to be held 3-4 October 2013