Russian mining giant commissions $1.54BN project

Photo by Norilsk Nickel

Published by Jaroslaw Adamowski

Major investment launched Russias Norilsk Nickel has launched hot commissioning operations at its Bystrinsky mine and processing mine in which the company has invested some RUB 90 billion ($1.54 billion).

 

The deposit, located in the Gazimuro-Zavodsky district of Trans-Baikal Territory, holds an estimated 343 million tonnes of ore.

 

"Bystrinsky GOK will mine gold-iron-copper ores to produce copper, gold and magnetite concentrates," the Russian company said in a statement. "The hot commissioning will last for several months with full-scale operation expected to start by mid-2018 and design capacity to be reached by the end of 2019."