Asset Report
Svetloye gold mine
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Report summary
Summary In December 2018, Polymetal disposed of the Okhotsk operations and the processing plant. The Svetloye open pit mine is the only remaining asset, in addition to the associated 1.4Mt/a heap leach operation. The accompanying profile will just be based on Svetloye going forward. The Svetloye deposit commenced operations in 2016 at a capital cost of approximately $60 million. Polymetal anticipate mining to continue to 2022. The company is actively exploring the area, in particular the Levoberezhny satellite deposit which is 35km from Svetloye and could extend the life of the operation.
Table of contents
- Summary
- Key issues
- Mining
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Process
- Svetloye
- Khakanja processing plant (disposed of in December 2018)
Tables and charts
No table or charts specified
What's included
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