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Announced contestants for the development of a copper mine Taurinskogo

17 July 2013

Recently in Moscow have been declared bidders on the research and development of subsurface area Taurinskogo (Chelyabinsk region). It is known that its area is equal to 1.81 square meters. km, and the volume of resources (this copper-porphyry ores) is tentatively estimated at 260 thousand. tonnes.

The first participant of the tender is CJSC «Ormet». This company specializes in the production and processing of copper and copper-zinc ores from deposits of the Orenburg region. The main office of the company is located in Orsk. The organization was founded on the basis of the eponymous mining complex, owned by acts «Russian Copper Company» (the largest producer of copper and zinc in concentrates). The annual volume of production at the facilities of the company — more than 820 thousand tons.

Next the bidder — the company «East basis.» The company produces mining and ore sands of precious metals (gold, silver and PGM metals). In addition, the organization is engaged in exploration drilling and exploration, geochemical, geophysical investigations of mineral resources. «Eastern basis» is a company of JSC «Polymetal».

Now applicants for copper license to prove their compliance with the basic criteria of the qualifying round, in particular — a high scientific and technical level of geological research and development section of the Earth's interior, the completeness of extraction of natural resources, the effectiveness of measures to protect the natural resources and the environment, contribution to socio-economic development projects in the region, as well as convince the commission that they respect the interests of national security.

Vladislav Korobkin, head of the natural resources of the regional Ministry of Industry, on the basis of the preliminary meeting of the tender commission said that before another company expressed its wish to participate in the tender, but was not admitted to it in view of the fact that the application of the company did not meet the requirements of the competition.

The winner of the tender, which will be announced in Moscow on August 30, 2013, will be entitled to use the subsoil plot Taurinskogo for 25 years (he will be given a license for geological study, exploration and production of ore from this deposit). According to analysts, the chances to win the tender more than the «Russian Copper Company».

Recall that legally «Russian Copper Company» has held the license for development of the aforementioned site porphyry copper ores. In March, the year before last CJSC «Tomino Mine» (included in the group of companies RMK) offered at auction for the right to develop the mine one-time payment in the amount of 1.7 bln. Rubles (with a starting value of 19.5 million. Rubles). However, later, the «winner» of the tender refused to make that amount, so that the license is «returned» in the Chelyabinsk division of Rosnedra.

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