Asset report

SSGPO iron ore mine

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Report summary

Sokolovsko Sarbaiskoye Ore Mining and Processing Association more commonly known as SSGPO is the collective name for five mines owned by diversified miner ENRC in Kazakhstan. It is made up of four surface mines; Sokolovsky Sarbaisky Kacharsky and Korzhinkol skoye; and one underground mine Sokolovsky. Over the last two years we assume that SSGPO has been unprofitable but with prices remaining around the US80/tonne in recent months it should now be operating with a positive margin. Nevertheless we expect prices to retreat over the course of 2017 and SSGPO has the potential to returnto an unprofitable position in what is likely to be a weaker price environment.

What's included

This report contains

  • Document

    SSGPO.xls

    XLS 220.50 KB

  • Document

    SSGPO iron ore mine

    PDF 676.11 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

Images

  • Detailed map
  • Production
  • Cash cost

Tables

  • Key facts: Table 1
  • Participation (%)
  • Marketable reserves (at 01/01/2017)
  • Production
  • Operations
  • Infrastructure
  • Cash cost
  • Capital costs
  • Product quality
  • Economic assumptions

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