Copper Technology, a part of the Russian Copper Company, has started constructing a mine at the 50 Let Oktyabrya deposit.
The construction will last for 4 years.
It is expected that mining operations will start in 2024.
The deposit was discovered in 1964 and is one of the largest copper-pyrite deposits in Kazakhstan. Reserves of copper-pyrite ores at the start of the development amounted to 46 million tons, including 823 thousand tons of copper.
Design capacity of the mine is 500 thousand tons of ore per year. (Ukrainian metal)
