Khandiza to reach its designed capacity in 2015
19/08/2015 14:42
Khandiza to reach its designed capacity in 2015
19/08/2015 14:42
Tashkent, Uzbekistan (UzDaily.com) -- Ore mining department Khandiza will reach its design capacity in 2015 – mining and processing of 650,000 tonnes of ore a year, the press service of the Almalyk Mining and Metallurgy Combine (AGMK) said.
Ore mining department Khandiza was constructed by AGMK in line with the presidential decree “On effective use of mineral-resource base of Khandiza and Uch-Kulach”.
The department was constructed in short period of time and commissioned. The first mining works started at Khandiza field in November 2007 and enrichment plant was constructed in 2010 and it was officially launched in May 2011. In 2015, the department will reach its design capacity – mining and processing of 650,000 tonnes of ore a year.
According to AGMK, the plant processed 81,547 tonnes of ore in seven months of 2015 and fulfilled plan on production of zinc concentrate with surplus. The department also fulfilled plans for metal production with surplus.
Total cost of the project makes up US$147 million. The project is financed due to own resources for US$46.5 million, loan of the Fund for Reconstruction and Development of Uzbekistan for US$60 million and loans of the Uzbek banks for US$40 million. The feasibility study of the project was developed by Russian institute Mehanobrinjunering (Saint Petersburg).
AGMK is planning to increase its resource base and load of production capacities of copper melting and zinc plant due to implementation of this project.
Total explored reserves of the deposit is 1.5 million tonnes of zinc, 700,000 tonnes of lead, 180,000 tonnes of copper and 2,300 tonnes of silver.
In line with JORC classification, the deposit has 14.4 million tonnes of ore with content of 134 g per tonne of silver, 7.24 g per tonne of zinc, 3.5 g per tonne of lead, 0.86 g per tonne of copper and 0.38 g per tonne of gold. The ore also contains selenium, cadmium and indium. At current prices at the world markets, the deposit’s reserves are evaluated at US$4.5 billion.
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