Gaisky GOK copper mine Report

Asset Report 27 September 2024

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Report summary

The Gaisky GOK mine and mill complex is located 280km east of Orenburg near the northeastern border of Kazakhstan. Gaisky is the largest source of ore for the UGMK subsidiary Ural Mining Metallurgical Company (UMMC). UGMK is a vertically integrated metals producer which contributes roughly 40% of Russia's total copper cathode production. Operations comprise an underground mine, two open pit mines named Letneye and Osennee and a mill producing copper, zinc and pyrite concentrates. However,...