Mining Intelligence and News
Kazakhstan

Kounrad Mine

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Overview

Mine TypeSurface
StatusActive
Commodities
  • Copper
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Mine Life... Lock
SnapshotKounrad is a low-cost copper production site with leaching operations and a SX-EW plant close to Balkhash in central Kazakhstan.

In Q4 2023, the Solar Power Project construction was completed and began operating and generating renewable power for the operation.

During 2023, copper was leached from the Eastern and Western Dumps, with both areas performing well.

Focus for 2024 - reduce Kounrad emissions by 10% vs base year.

Owners

SourceSource
CompanyInterestOwnership
Central Asia Metals PLC 100 % Indirect
Sary Kazna LLP (operator) 100 % Direct
Sary Kazna LLP, a Kazakh company which is responsible for leaching operations, is wholly owned by Central Asia Metals PLC (CAML) and is the registered subsoil user with exploitation rights for the Kounrad Project.

Deposit type

  • Orogenic
  • Porphyry

Summary:

The Kounrad open pit copper mine is located in the Balkhash metallogenic belt within the BalkhashJunggar orogenic belt of the Central Asian Metallogenic Domain (“CAMD”). The geology encompassing the deposit comprises porphyry copper mineralisation related to tectono-magmatism during the Devonian and Carboniferous-Permian volcano-magmatic arcs.

Site geology consists of unconsolidated sediments and granitic bedrock units. Sediments range from gravels, to sand and silts with some units being reported as ‘‘cemented’’ sediments. Bedrock ranges from granite to granodiorite. Highly weathered at the surface, the bedrock grades to competent rock within 10-40m from the surface.

Weathering and supergene enrichment have produced a general zonation of the mineralisation in the deposit:
- Oxidised cap - characterised by hematite, limonite, manganese oxyhydroxide, malachite, azurite, cuprite, native copper, chrysocolla mineralisation;
- Leached zone - characterised by moderate oxidation in the upper part and destabilisation of sulphide minerals under acidic conditions in the lower parts;
- Supergene blanket - characterised by chalcocite and covellite mineralisation; and
- Primary sulphide zone - characterised by disseminated and stockwork ore with pyrite, chalcopyrite, enargite and chalcocite mineralisation.

All of these mineralised phases, to a greater or lesser extent, are reflected in the composition of the waste dumps.

Very importantly from a dump leaching standpoint is the fact that there is a layer of impermeable clay/cemented material at or close to surface which effectively acts as a barrier to percolating fluids, thus allowing capture of the pregnant liquor with only very minor permeation below this layer.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits2024202320222021202020192018201720162015
Copper t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe13,771 14,049 14,103 14,020 12,071 
All production numbers are expressed as cathode. ^ Guidance / Forecast.

Operational metrics

Metrics2021202020192018201720162015
Tonnes processed  ....  Subscribe  ....  Subscribe173.93 Mt165.25 Mt110.99 Mt69.3 Mt59 Mt

Production Costs

CommodityUnits2023202220212020201920182017
C1 cash costs Copper USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 0.52 / lb   0.54 / lb   0.52 / lb  

Financials

Units2023202220212020201920182017
Sustaining costs M USD  ....  Subscribe  ....  Subscribe
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 0.7   1.4  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 79.3   89.8   83.9  
Pre-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 57.1   61   56.9  
After-tax Income M USD  ....  Subscribe  ....  Subscribe
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 61.7   66.8   63.6  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jul 22, 2024
....................... Subscription required ....................... Subscription required Subscription required Jul 22, 2024
....................... Subscription required ....................... Subscription required Subscription required Jul 22, 2024
....................... Subscription required ....................... Subscription required Subscription required Jul 22, 2024

EmployeesContractorsTotal WorkforceYear
...... Subscription required 2023
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required ...... Subscription required ...... Subscription required 2019
...... Subscription required 2018
...... Subscription required 2017
...... Subscription required 2016
...... Subscription required 2015

Aerial view:

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