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Atomredmetzoloto to produce gold at Elkon

  • Published in Economy
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Chairman of the government of Yakutia, Evgeny Chekin, met with General Director of the Elkon Mining and Metallurgical Combine, Vyacheslav Galaktionov. They discussed the plans of JSC Atomredmetzoloto to organize gold mining at the Severnoye field.

Gold is planned to be mined at the Severnoye within the framework of the large-scale Elkon project, which, in turn, is part of the investment project South Yakutia Integrated Development. Uranium deposit of Severnoye is a part of the Elkon uranium ore district, located in the Aldan district of Yakutia.

The design of the uranium plant was frozen in 2011 after a sharp drop in world uranium prices associated with the accident at the Japanese nuclear power plant Fukushima.

At one time, geological exploration showed that besides uranium there are also significant gold resources promising from the point of view of open extraction with heap leaching. 

The head of Yakutia, Egor Borisov, supported the initiative to build a gold mining enterprise and appealed to the government of the Russian Federation. The proposal of Il Darkhan was supported by the Ministry of Finance and the Ministry of Industry and Trade of the Russian Federation.

In 2018-2020, it is planned to perform a complex of geological exploration in the area of priority development.

An open tender was launched to assess gold reserves at the Severnoye uranium deposit in the Elkon uranium ore district. The customer of the works is JSC Elkon Mining and Metallurgical Combine. According to the tender documentation, the cost of works is 95.5 million rubles.

As the head of the plant Vyacheslav Galaktionov said, the possibility of test mining is assumed. Under certain conditions, the pace and scope of work can be significantly increased.

The management of the enterprise expressed its willingness to actively cooperate with the government of Yakutia and local authorities on socio-economic development of the Aldan district. Evgeny Chekin assured that the cabinet of ministers of the republic is ready for dialogue.