The Malmyzh Copper Gold Porphyry Deposit
The prospecting Stage of the Malmyzh Project has been completed. Approval to advance the Project was received from the RF Government on Monitoring Foreign Investment SIL on July 2016. The Project covers advance Exploration stage with officially listed reserves С1+С2 (1.39 Bt, 5,6 Mt Cu и 298 t Au) , Resource Р1 (1.31 Bt, 4,3 Mt Cu и 191 t Au) , reserves approbation, preparation and coordination of field development plan, and construction of GOK infrastructure with year production of ore – 35 Mt, Cu conc. – 113 thsnd. t and Au – no less than 2 t. Excellent logistics and infrastructure – national highway, railroad, power lines 110 и 220 kW, navigable Amur river, Nikolaevsk port, Vanino port, gas pipeline. Life of mine based on current reserves is no less than 50 years. About 30 000 jobs will be provided.