In Chukotka, running concentrator gold deposit Maiskoe

Mining Company "Polymetal" reports that at Mayskoye successfully launched concentrator dried and bagged the first gold concentrate.

The design capacity of the plant to the May of 850 tons of ore per year. The process of entering the factory at full capacity it will take 6 months, the achievement of design parameters for the production and extraction is planned for October 2013. The investment amounts to 170 million dollars.

Processing of the first batch of concentrate of May at the Amur hydrometallurgical plant (AMMC) is planned for the fourth quarter of 2013. 

The ore from the Maya, one of the five largest gold deposits in Russia, resistant and with high metal content. The May project includes an underground mine and processing plant with a capacity of 850 tonnes per year, located in the field. The mined ore is processed by conventional flotation, the concentrate is then transported to the AMMC or sold. The field is located in the district of Chaun Chukotka in north-eastern Russia. The path of Pevek main seaport with navigation, open from July to mid-November, before the May is 187 km on a dirt road year-round. Mayskoye reserves are estimated in accordance with the JORC Code of 2.4 million ounces of gold in the ore containing 9.6 g / t and an additional 4.8 million ounces of gold in the ore containing 8.3 g / t classified resources.

Underground mine at the May developed since the beginning of 2010, in the period from 2009 to the first quarter of 2013 completed 29,976 meters and produced 280 thousand tons of ore containing 9.2 g / t The intensity of production increased in 2013: in the first quarter was produced 145 thousand tons of ore.

"Running the factory at the May marked the successful completion of the second generation assets," — said General Vitaly Nesis, CEO of Polymetal. "This achievement demonstrates our ability to implement projects in remote outlying areas. Until the end of 2013 we will concentrate our efforts on how to plant reached its design capacity and arrangements have been made with the buyers concentrate. "

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