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Economy 10/04/2010 NGMK plans to complete construction of gold extracting facility
NGMK plans to complete construction of gold extracting facility
Tashkent, Uzbekistan (UzDaily.com) -- Navoi Mining and Metallurgy Combine (NGMK) is planning to complete construction of gold extracting facility (hydrometallurgy plant-4, HMP-4) at the Zarmitan field.

The project capacity of the first line of the plant is 1 million tonnes a year. At the mid of 2010, the company plans to complete pit at the Zarmitan field.

NGMK has started to realize investment project on mastering Zarmitan gold-ore zone in 2007. The zone includes Zarmitan, Gujumsay and Promejutochnoye fields.

Total cost of the project is about US$330 million. It is planned to complete the project by 2012. The gold output will make up 10 tonnes. The combine finances the object due to own resources.

Within the first stage with the cost of US$114.6 million, it is planned to construct pit at the Zarmitan and the first line of HMP-4, Gazeta.uz reported.

Russia NPO RIVS supplied equipment to the plant ZUMK-Engineering (Russia) and Altynkazgan (Kazakhstan) are carrying out contractor’s work.

In the second and third stages, it is planned to expand capacity of gold extraction facility up to 1.4 million and 1.8 million tonnes respectively, as well as construction of pits at Gujumsay and Promejutochnoye deposits.

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