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Kupol Gold and Silver Mine

Producer Of

Gold and Silver

Location

Chukotka region of Far Eastern Russia, about 220km south-east of Bilibino

Ownership

Kinross (75%) and the Chukotka Government (25%)

Geology Type

Polyphase quartz-adularia veins in the cretaceous Okhotsk-Chukotka volcanogenic belt

Mineral Type

Sulphosalt-rich bands and pods within colloform, crustiform and brecciated veins

Reserves

Probable reserves of 4,446,000oz of gold at an average grade of 16.8g/t, and 54,226,000oz of silver at an average grade of 205g/t; inferred resources of 1.7Moz Au and 22.2Moz Ag

Annual Production

Average of 413,000oz Au equivalent

Mining Method

Open pit and underground

Processing Method

Conventional cyanidation and zinc precipitation

Employment

Between 900 and 1,200, depending on winter road and transport activities

Open Pit

Komatsu HM350 haul trucks, Komatsu WA-500 loaders and IR ECM470 surface drills

Underground

Tamrock Axera jumbos, Tamrock RoBolter rock bolters, Tamrock Toro 1400 and Cat R1700G eight-yard longhole drills, Cat R1300G 3.5-yard longhole drills and Cat AD45 mine trucks

Processing Plant

Birdsboro Buchannan 48 × 60 jaw crusher, CANMET leach circuit, Knelson concentrator, Eimco deep cone thickeners, Merrill-Crowe system

Engineering Contractor

Orocon Inc
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