Project summary
One of the largest greenfield projects in Russia’s mining industry. 50.01% owned by Nornickel. Life of mine: 27 years.
Project status
- In 2023, a new major strategic project was launched to upgrade the concentrator’s milling section; utilities design documents for the mill construction project were developed and approved.
- Plans for 2024 include commissioning the first growth projects under the long‑term strategy – magnetic separation capacity additions and a gold concentrate dehydration unit.
283 mln tCalculated to the JORC Code as at 1 January 2024.
Ore reserves, grading: USD 963 mln
2023 EBITDA 15 mln t
Production in 2023, with0.63% Cu content
Production volumes | 2023 | ||
Cu in concentrate | kt | 69 | 64‑68 |