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With the launch of Amethyst gold mining will double

With the launch of Amethyst gold mining will double

Vasily Prijdun

Minister of Natural Resources and Ecology of Kamchatka Krai

Kamchatka is rich in resources, and gold, coal and hydrocarbons are of particular value. Minister of Natural Resources and Ecology of the Kamchatka Territory Vasily Prijdun tells about promising raw materials projects.

- Vasily Ivanovich, what are the prospects for the development of the mining industry in Kamchatka today?

- There are several mining and processing plants in Kamchatka today - Aginsky GOK, Asachinsky GOK. Gold mining is gradually increasing on the peninsula. If in 2013 we managed to produce 2,47 tons of gold, then in 8 months of this year we have already stepped over this level, by the end of the year we plan to reach 2,8 tons. In the near future, in the north of the Kamchatka Territory, Amethystovy GOK will be launched. It is planned that in the first year of operation it will be able to produce about 3-4 tons of gold per year. The stock of gold-bearing ore in the warehouses of ZAO Ametistovoe has already been formed, and as soon as the factory is launched, work there will begin at full capacity. In addition, an investment project has been developed to start developing small deposits located next to Ametistov. However, geological exploration will require road construction.

- Except the roads, what else hinders the development of the mining industry in Kamchatka?

- Gold mining projects are becoming expensive due to the high cost of fuel and electricity. All this affects the threshold of profitability. For example, in Australia, the content of 1,5 grams of gold in one ton of ore mined is considered cost-effective, while in our country, because of costs, the content of 7 – 8 grams of gold per ton is considered profitable.

- What support from the state can investors expect to support projects in the peninsula?

- We have prepared a draft law that provides tax incentives for property for mining companies. This will enable enterprises to spend the released money for geological exploration, which will increase the resource base.

- A promising direction of development of the mineral and raw materials complex on the peninsula is also coal mining. Here, how are things going?

- The reserves of coal in Kamchatka are more than 250 million tons. And these are only those that we know about today. If you make additional geological exploration, you can find as many more. For example, large deposits of coal are concentrated in the Krutogorovsky deposit. However, it is located in remote areas. If there is an investor ready to take on this project, we will be able to supply coal even outside the Kamchatka region.

- Vasily Ivanovich, there has been a lot of talk recently about the extraction of gas and oil in Kamchatka. Are there any prospects in this direction?

- Yes. It is planned to sign an agreement between Gazprom Geologorazvedka LLC and the administration of the Sobolev District of the Kamchatka Territory. It provides for geological exploration on the shelf of the Sea of ​​Okhotsk. It is planned that this work may begin as early as 2016, but before this there will be serious preparatory events, including public hearings.   

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