Object Description:
As part of the project for the development of the Kultumin deposit, the construction of a mining and processing plant with a processing capacity of 13 million tons of ore per year is planned. The first phase will be launched in 2024.
The Kultumin polymetallic deposit is located in the southeastern part of the Transbaikal Territory, in the Gazimur-Zavodsky District. It is 95 km northeast of the district center, the settlement of Gazimursky Zavod. The deposit contains reserves of gold, silver, copper, and iron.
The enterprise plans to produce copper-gold and gravity gold concentrates. The production of iron ore concentrate is expected to begin in the second phase of the project. In total, the agreement will create nearly 1,600 jobs at the mining and processing plant and another 10,000 jobs in related industries.