March 19, 2013 14:24
Uzhuralzoloto could mine 47% more gold in 2013
CHELYABINSK. March 18 (Interfax) - The Uzhuralzoloto Group of Companies (UGC), a gold miner based in the Chelyabinsk region, aims to boost gold production 47% this year to 10 tonnes in 2013, Roman Berger, managing director, told Interfax.
Berger said gold production grew 30% last year to 6.8 tonnes.
Most of last year's growth occurred at mines in the Urals. The company produced 5 tonnes of gold in the Chelyabinsk region last year and is targeting 6 tonnes there in 2013.
"We plan to be producing up to 10 tonnes of gold year in the Urals alone by 2017," Berger said.
The company plans to launch a gold recovery plant at the Bereznyakovskoye deposit with capacity of 450,000 tonnes of ore per year using POX technology. The launch of the plant "will give UGC an annual increase of 1.5-2 tonnes of gold processing ore with gold content of 4-6 grams per tonne," Strukov said.
UGC also plans to complete construction and installation work this year at a gold recovery plant at the Svetlinskoye deposit, construction of which began in September 2012. The initial construction work has been done and most of the equipment has been purchased. This plant will be able to process 8 million tonnes of ore per year.
The company also said that UGC's five-year development plan sees gold production at its Ural assets growing to 12 tonnes per year.
OJSC Uzhuralzoloto is the flagship enterprise of the Uzhuralzoloto Group of Companies (UGC), based in the Chelyabinsk region. UGC was created in summer 2007 with the assets of CJSC Uzhuralzoloto. UGOLD Limited owns 99.995% of UGC, and Konstantin Strukov, the UGC board chairman, owns 99.98% of UGOLD Limited.
The group's assets include Kochkarskoye, the Svetlinskoye, Bereznyakovskoye, South Kurosan and West Kurosan fields in the Chelyabinsk region, the Kommunarovsky Rudnik mine in Khakasia, Darasunsky Rudnik in the Chita region and Drazhny in the Krasnoyarsk territory.
(Our editorial staff can be reached at firstname.lastname@example.org)
May 21, 2013
AFI Development almost doubles net profit in Q1
MDM Bank not paying dividends for 2012
Russian Constitutional Court rules in favor of compulsory treatment for insane criminals
Lavrov vows response to failure to count Azeri votes for Russia's Eurovision entry
UTair expects 2013 EBITDA at 2012 level - 8.9 bln rubles
GAZPROM SEEKING MICEX LISTING - COMPANY
X5 Retail profit down 1.8% to $65 mln in Q1, above forecast (Part 2)
Russian PM pledges to prevent pain from economic slowdown
VTB shareholders exercise preemptive rights to buy 14% of share issue
Yanukovych ahead of possible opposition rivals in pre-election polls
Gazprom board accepts mgmt recommendation to pay 5.99 rubles a share div for 2012
Russian inter-fleet group to visit ports of Cuba, Nicaragua
RUSSIA WILL RESPOND TO OUTRAGEOUS INCIDENT AS RESULT OF WHICH ENTRY BY RUSSIAN PERFORMER UNDER-RECEIVED POINTS AT EUROVISION SONG CONTEST - LAVROV
UN Secretary General Ban Ki-moon has given an interview to Interfax ahead of his visit to Russia on May 16-19 in which he speaks about the goals of his visit, pressing tasks that the UN face, the organization‘s reform, as well as topical issues on the international agenda, including situation in Syria and the Middle East settlement.
Deputy NATO Secretary General Alexander Vershbow, who is visiting Moscow for an informal conference of former U.S. ambassadors to Russia and Russian ambassador to the United States, has given an interview to Interfax in which he speaks about NATO-Russia cooperation, as well as pressing issues on the international agenda, such as the missile defense issue, North Korea, Syria and Afghanistan.
British Foreign Secretary William Hague has given an interview to Interfax‘ journalist Olga Golovanova ahead of the 2+2 meeting slated for March 13 in London, on which he speaks about the agenda of the upcoming 2+2 talks, the whole range of British-Russian relations, including human rights, as well as pressing international issues notably Syria.