Thursday, December 26, 2013

EVRAZRUDY `TO SPEND 36 MILLION RUBLES FOR EXPLORATION KAZSKOGO DEPOSIT

`` Evrazrudy to spend 36 million rubles for exploration KAZSKOGO DEPOSIT

JSC Evrazruda (a division of Evraz) plans this year to invest 36 million rubles. to conduct exploration on Kazskom iron ore deposit in the Kemerovo region. In the past, for this purpose has spent more than 11 million rubles. According to the results of geological exploration will be decided on the advisability of investing renovation project Kazskogo mine, which, inter alia, provides for the completion of which began in the 1990s, the construction of the skip of the complex. June 1 Kazskogo branch of the miners have already started sinking fast on the horizon, -160 m. Until the end of October to overcome the drifter section of about 900 m of mine workings. Their total length of 2.3 thousand meters after the completion of tunnel works will begin drilling exploratory wells in order to determine the contours of the ore bodies.


Drilling operations will be completed at the end of this year. Intensive exploration of promising ore reserves has allowed the company to create more than 40 new jobs.