Asset report

Kyzyl (Bakyrchik & Bolshevik) gold mine project

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Report summary

Polymetal acquired the Kyzyl gold project for US$620 million in September 2014. A feasibility study on the project was completed in November 2015. The study calls for 22 year operation with initial production for the first 10 years from 1.8Mt/a ore capacity open pit. Underground mining is targeted for 12 years at a throughput rate of 1.2Mt/a. The sulphide ore will be treated using differential flotation with the concentrate sold to third party off takers.

What's included

This report contains

  • Document

    Kyzyl (Bakyrchik & Bolshevik) Project gold mine

    XLS 127.00 KB

  • Document

    Kyzyl (Bakyrchik & Bolshevik) gold mine project

    PDF 780.92 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Costs
  • Geology
  • Reserves and resources
  • Operations
  • Timeline

Tables and charts

This report includes 2 images and tables including:


  • Location maps: Image 1


  • Key facts: Table 1

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