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initiator of the project
In April 2016 the company started implementation of the first stage of gold-silver reserve development project at Khakandzhinsky deposit. In December 2016 the company reached the project capacity of 9,000-9.500 tons ore per month.
The deposit is developed by underground mining, including stripping, preparatory work, and pit mining.
Khakandzhinsky, LLC is a holder of Mining License ХАБ No. 02745 БЭ "valid" to December 31, 2023.
As of January 01, 2016,
there are 2,359,000 tons of category C1 ore reserves (25,043 kg of gold and 1,114,400 tons of silver) and 143,000 tons of category C2 ore reserves (430 kg of gold and 33 tons of silver) on the deposit as registered in the State Register of Mineral Reserves.
Non-commercial reserves make 570,000 tons of ore (732 kg of gold and 29,600 tons of silver).
Commercial reserves in the central portion of Khakandzhinsky gold-silver deposit make 868,300 tons of ore (including 4,074.3 kg of gold and 209.4 tons of silver).
The company has specialized mining equipment and machinery (manufacturers: Sandvik, Atlas Copco, Caterpillar) and all mining licenses required (ХАБ No. 02745 БЭ "valid" to December 31, 2023).