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Russian Copper Company to start underground mine operation in Kazakhstan

Business Materials 7 July 2020 17:58 (UTC +04:00)
Russian Copper Company to start underground mine operation in Kazakhstan

BAKU, Azerbaijan, July 7

By Nargiz Sadikhova - Trend:

The Russian Copper Company (RCC) is planning to switch to underground mine operation at its 50 Let Oktyabrya and Priorskoye mines in Kazakhstan, RCC representative told Trend.

The representative said that currently the RCC is in the process of developing Priorskoye mine, Kundyzdy deposit and Vesenne-Aralchinskoe deposit underground mine in Kazakhstan.

“The need to commission these facilities last year was associated with the completion of opencast mining of the 50 Let Oktyabrya deposit and the transition to the underground mine construction. Currently the remaining assets of the mine are 9.7 million tons of copper ore. The launch of the underground mine operation at the deposit is planned in 2023,” the company said.

Switch to an underground mine operation is also planned at its Priorskoye deposit in Kazakhstan.

In prospect of the mining complex development exploration and operation of the Limannoe underground mine and a surface mine is also planned. The launch of the industrial copper ore mining at the mine is planned for 2024.

“As a result of the carried out work, the estimated total life of company’s deposits developed by now by RCC exceeds 30 years. The total production volume, taking into account the new and old deposits, allows to fully load RCC’s processing and concentrating plants of 5 million tons of ore per year,” the company official said.

The Russian Copper Company (RCC) was founded in 2004 and is now one of the biggest copperproducers in Russia.

The Russian Copper Company is a vertically integrated holding with operational assets in Chelyabinsk Region, Sverdlovsk Region, Orenburg Region, Novgorod Region, and Kazakhstan.

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Follow the author on twitter: @nargiz_sadikh

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