Full-scale operations in Kyzyl, a large gold mine in the East Kazakhstan region, will start in 2019.
“Using state-of-the-art technologies, the Bakyrchik Ore Mining and Processing Enterprise is developing a gold deposit with a capacity of 2 million tons of ore per annum. The project will reach the ultimate capacity in 2019 “, Deputy Head of the East Kazakhstan Entrepreneurship and Industrial-Innovative Development Department Olga Grigoryeva declared.
Kyzyl is a large world-class deposit that has gold ore reserves internationally estimated at 7.3 million ounces with an average gold grade of 7.7 grams per ton and a mine age of 22 years. It is expected that after reaching the planned ultimate capacity, the mining recovery will amount to over 300,000 ounces of gold per annum.
Surface mining operations will be conducted for the first 10 years. (Kazinform/Ukrainian metal)