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In 2020, Polymetal begins development of the Primorskoye deposit in Kolyma

In 2020, Polymetal begins development of the Primorskoye deposit in Kolyma
Photo: press service of the Magadan branch of Polymetal UK

Polymetal plans in the second half of 2021 to begin ore mining at the Primorskoye deposit in the Omsukchan district of the Magadan Region. Its reserves are estimated at three tons of gold and about 700 tons of silver.

According to the press service of the Magadan branch of JSC Polymetal UK, the site will be ready for mining in the fourth quarter of this year. Three sections are distinguished at Primorsky: Spiridonych, Kholodny and Teply. The latter is the most productive. By developing the field, the company plans to replenish the mineral and raw material base of the Dukat hub. Ore from the shores of the Sea of ​​Okhotsk will be processed by two gold-mining plants - Omsukchanskaya and ZIF at GOK Lunnoye.

The first to arrive at the site are handymen, engineers, construction workers and bulldozers - only about 20 people. They will be delivered to the place by sea and settled in temporary mobile homes. The main backbone of the team will be specialists from the Goltsovoye mine. In July-August, about 60 people will work at the facility, and next year - 100 people. 

Polymetal acquired the deposit in 2015. The company signed an agreement on the implementation of an investment project for the development of the Primorskoye field with the government of the Magadan Region in the fall of 2019 as part of the WEF. In the second half of the project should receive the status of a regional investment project

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