Asset Report

Shahumyan (Kapan) zinc mine

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08 March 2018

Shahumyan (Kapan) zinc mine

Report summary

Kapan is an underground mine with a plant capacity of 750kt/a. Actual mine throughput has been significantly below this though.  Dundee sold the mine to Polymetal in 2016 for US$25 million and a 2% NSR. Polymetal intends to use the operation as a central hub for its Armenian assets. 

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  • Key facts: Table 1
  • Detailed map

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    Shahumyan (Kapan) zinc mine

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