Ural Mining and Metallurgical Company will invest about 3.5 billion rubles in development of Gaysky GOK, which exceeds equivalent figures for 2017 by 1 billion (by 34%).
Over half the investment budget, about 2.25 billion rubles is planned to be channeled into implementing a project “Underground mine development” on the level of 830-1310 m.
“The project includes a wide range of work to be done: bolting and fitting as well as construction of new crushing and conveying systems, stockyards. A winder will be arranged between levels 990-1070-1150 m for transporting people. We will proceed with developing the workers’ and haulage equipment positioning system in a shaft that allows a mine operator to keep track of workers and equipment under the ground online due to special technical equipment”, said Yuriy Dolmatov, Deputy Director of Gaysky GOK for Capital Construction.
About 250 million rubles will be invested in technical re-equipment of concentrator, in particular, in replacement and installation of new floatation and pump equipment, ventilation plants and new filter presses.
The largest part of money allocated to open-pit mine development will be invested in capital mining operations of new gold ore deposit “Belozerskoye” located in Kvarkensky district of Orenburg region.
In the long term, a step-by-step implementation of strategic development program of PJSC “Gaysky GOK” will allow boosting underground mine performance up to 9 million tons of ore per annum and concentrator performance up to 10 million tons per annum. In 2018 PJSC “Gaysky GOK” is going to mine 9.2 million tons of ore by means of underground and opencast mining. (MetalInfo/Ukrainian metal)