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Polymetal to start mining thin ore veins at Dukat

Polymetal to start mining thin ore veins at Dukat
Photo: Polymetal
Polymetal's subsidiary Serebro Magadan will begin mining thin ore veins in the tunnels of the Dukat hub. The company will use smaller, dedicated equipment.

According to the press service of Polymetal, retraining of personnel to work on small-sized underground vehicles will not be required. The interest in the project is due to market conditions: the high cost of precious metals made it possible to involve low-power ore veins in production processes.

 In 2021, one ore vein will be prepared for industrial development, and the first ore will be extracted in the same year. The thickness of the veins in this area ranges from 0,3 to one meter. Preliminary geologists estimate them at 100 thousand tons with an average silver content of 284 grams per ton.

The Magadan branch of Polymetal said that at Dukat there is a planned decrease in production volumes, but it will be compensated by the quality of the ore. Analysis and generalization of geological exploration works will make it possible to identify additional promising areas for small-sized equipment.

This year, it is planned to prepare and develop vein 16 using small-sized equipment, the planned production volume is 115 thousand tons with 30 tons of conventional silver. Starting from next year, it is planned to increase the share of mining from thin ore bodies to 30% of the total amount of ore that is mined in underground mining at the Dukat deposit.

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