In Chukotka, has opened a new gold mine Double

The Canadian gold miner Kinross Gold Corporation, which develops gold-silver deposit in Chukotka Dome, launched on October 10 mining industrial complex in another field in the autonomous region — a double, which is rich in gold.

Double mine located approximately 100 kilometers north of the Dome Mine. The mined ore will be transported to the Double for processing into gold factory Dome, providing additional production. Maximum Performance Dual-target is 1 thousand tons of ore per day. 

It is expected that in the first three years of work on the double annual production ranges from 235-300 thousand ounces / 7.3-8.3 tonnes / gold equivalent, which will provide a significant increase in the volume of production at the mine Dome. Total production at the mine in 2013 is projected at 25 ounces / 780 kg /. Total production cost Kinross Russian projects from 2014 to 2016 are projected at 545-600 dollars per ounce, the report said.

Kinross Gold in Russia since 1995. The company owns a gold mine in the Chukotka Autonomous Area, including 100 percent of the Dome, and a 100-percent stakes in the Double Vodorazdelnaya area and is also located 100 km to the north of the Dome.

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