The estimated copper reserves at the Tominskoye deposit increased by 100 thousand tons

31.08.2011 — News

CHELYABINSK REGION.

The Russian Copper Company, CJSC (RMK) anticipates a 90-100 thousand ton increase in the reserves of the Tominskoye copper and porphyry deposit. The proven reserves of the deposit total 350 million tons; it is included in the list of 50 largest copper deposits of the world.

The Press Service of the Russian Copper Company has informed RusBusinessNews that ore will be mined by using open-cast mining operations. By 2015, the company expects to commission a mining-and-processing integrated factory located at the deposit site, with the annual output estimated at 28 million tons of ore. The factory will be equipped with state-of-the-art equipment for more efficient ore processing, as the copper content in the ore is the lowest among the Russian deposits.

The Russian Copper Company is launching the similar project at the Mikheyevskoye deposit in the Chelyabinsk Region. By 2013, the investment in this project will reach 650 million US dollars.