Polyus and Polymetal team up in Siberia 2015-12-29Joint venture pact signed over Russia’s fourth largest gold deposit
General 2015-05-10The Nezhdaninskoye gold mine is one of the largest in Russia and is already substantially developed with 110kms of underground development,a 250,000 tpa processing plant, a boiler house, a power house and numerous buildings and other infrastructure. GBM Mineral Engineering Consultants Limited, in its study conducted in 2002, confirmed the possibility of treating 250,000 tonnes per year of ore from the quartz vein ore bodies. This ore is high grade, averaging in the region of 10 11 g/t Au, and is metallurgically simple. Preparations for expansion of the operations to 600,000 tpa are underway, but as Nezhdaninskoye is a such a large mine, staged development is deemed appropriate.