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Mine “Taborny” will double investment in production development in 2019 year - EastRussia | Far East

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Mine “Taborny” will double investment in production development in 2019

The gold mining enterprise “Rudnik Taborny”, which is a part of the international company Nordgold, plans in 2019 to allocate more than two billion rubles for the implementation of the investment program. This is almost two times more than last year.

Every year the company makes significant investments in the maintenance and development of production, improvement of the technical base. This year, the bulk of investments will be spent on supporting production and mining capital operations: overhaul of mountain vehicles will invest over 200 million rubles, around 270 million rubles in the purchase of five mining dump trucks, and 100 million rubles in the construction of a new heap leaching card.

According to the press service of the company, the company's management intends to invest in the development of more 320 million rubles. The money will be spent on design and exploration work and geological exploration, which this year specialists will conduct at the Tabornoye deposit in Yakutia and at the Tokkino prospective area. The longevity of the enterprise, its stability and the well-being of its employees depend on geological exploration, aimed at replenishing and expanding the gold reserves of the mine.

“This year, quite large investments will require mining and capital works, which involve the excavation of waste rock to access gold-bearing ore, our main production resource. We plan to invest almost half a billion rubles in the repair of mining equipment and the purchase of new vehicles - this is our main working tool. Investments will help ensure efficient gold production, as well as safe and comfortable working conditions for our employees, ”said Vitaly Zagan, Executive Director of the“ Taborny Mine ”.

The actual expenses of the investment program 2018 of the year amounted to 1 billion 61 million rubles. They were primarily directed to the maintenance of the park of special equipment and high-performance process equipment, as well as geological exploration.