Overview
Stage | Feasibility |
Mine Type | Open Pit |
Commodities |
- Copper
- Gold
- Silver
- Molybdenum
|
Mining Method |
|
Production Start | ... |
Mine Life | 20 years (as of Jan 1, 2021) |
The Peschanka deposit, within the Baimskaya licence area in Russia, is one of the world’s most significant undeveloped copper assets. |
Source:
In July 2023, GDK Baimskaya was disposed to Trianon Limited, a Kazakhstan-based company owned by the ultimate shareholders of KAZ Minerals.
Following KAZ Minerals PLC delisting from the London Stock Exchange on 11 May 2021, second completion was triggered and the deferred cash consideration of $225 million has been paid to Aristus for the remaining 25% interest in the asset. The Group now holds 100% of the Baimskaya copper project.
The Baimskaya Project Proponent is GDK Baimskaya LLC, which owns the license to survey, explore and develop the deposit.
Contractors
- Subscription is required.
Summary:
The Peschanka deposit, within the Baimskaya licence area in Russia, is one of the world’s most significant undeveloped copper assets.
The Peschanka gold-copper-molybdenum deposit is a porphyry type deposit. Porphyry copper deposits are large volumes of hydrothermal alteration centered on porphyritic intrusive stocks. Typical of deep-level copper porphyry systems, Peschanka hosts significant Cu+Au+Mo mineralisation. As one of the largest of a group of deposits that define the Baimka Ore Field, the copper porphyry at Peschanka is confined to a north-south trending, eastward dipping, sheet-like stockwork (a complex system of structurally controlled or randomly oriented veins containing the mineralisation).
The Peschanka deposit is located in an area of continuous permafrost, which varies in thickness with relief and exhibits continuous thaw zones under rivers and streams. The permafrost thickness ranges from approximately 150 m to 280 m.
Summary:
The Peschanka Copper Project would be an open pit operation (three pits) with the typical infrastructure of such an operation such as stockpiles, roads, accommodation and offices and so forth.
Given the geology, a conventional shovel and haul truck operation would be deployed. The mine layout includes the three mining pits, waste rock dumps and oxide and low-grade stockpiles, together with the other appurtenant facilities. Activities in the pits would be primarily drilling and blasting and transporting the waste rock and ore. The facilities would be designed in accordance with Russian and applicable international codes and standards.
Auxiliary mine works would include pit dewatering, in-pit dust control, in-pit electrical distribution, and pit slope monitoring.
Source:
- subscription is required.
Flow Sheet:
Summary:
- subscription is required.
Projected Production:
Commodity | Units | Avg. Annual |
Copper
|
kt
| 300 |
Gold
|
koz
| ...... |
All production numbers are expressed as metal in concentrate.
Operational Metrics:
Metrics | |
Annual processing capacity
| ...... |
* According to 2021 study.
Reserves at October 1, 2019:
The Mineral Resource estimate for the Peschanka deposit in the Baimskaya licence area is based on a copper equivalent cut-off grade of 0.15%.
Category | Tonnage | Commodity | Grade | Contained Metal |
Measured
|
178 Mt
|
Copper
|
0.72 %
|
|
Measured
|
178 Mt
|
Gold
|
0.42 g/t
|
|
Measured
|
178 Mt
|
Silver
|
4 g/t
|
|
Measured
|
178 Mt
|
Molybdenum
|
0.017 %
|
|
Indicated
|
1,258 Mt
|
Copper
|
0.43 %
|
|
Indicated
|
1,258 Mt
|
Gold
|
0.24 g/t
|
|
Indicated
|
1,258 Mt
|
Silver
|
2.3 g/t
|
|
Indicated
|
1,258 Mt
|
Molybdenum
|
0.011 %
|
|
Measured & Indicated
|
1,436 Mt
|
Copper
|
0.46 %
|
|
Measured & Indicated
|
1,436 Mt
|
Gold
|
0.26 g/t
|
|
Measured & Indicated
|
1,436 Mt
|
Silver
|
2.5 g/t
|
|
Measured & Indicated
|
1,436 Mt
|
Molybdenum
|
0.012 %
|
|
Inferred
|
1,074 Mt
|
Copper
|
0.3 %
|
|
Inferred
|
1,074 Mt
|
Gold
|
0.13 g/t
|
|
Inferred
|
1,074 Mt
|
Silver
|
1.8 g/t
|
|
Inferred
|
1,074 Mt
|
Molybdenum
|
0.007 %
|
|
Total Resource
|
2,510 Mt
|
Copper
|
0.39 %
|
9.9 Mt
|
Total Resource
|
2,510 Mt
|
Gold
|
0.21 g/t
|
16.6 M oz
|
Financials:
| Units | 2021 | 2020 | 2019 |
Capital expenditures (planned)
|
M USD
| ...... | |
|
Capital expenditures
|
M USD
| | ...... |
......
|
2021 Study Costs and Valuation Metrics :
Metrics | Units | LOM Total |
Total CapEx
|
$M USD
|
......
|
- Subscription is required.
Corporate Filings & Presentations:
- Subscription is required.
- Subscription is required.