JOHANNESBURG () – Russian gold major Polyus has poured its first doré gold at the Natalka project as part of the hot commissioning process of the 10-million-tonne-a-year mill at the greenfield projectin the Magadan region.
The Natalka mill is expected to be fully ramped up by the end of next year, delivering between 420 000 oz/y and 470 000 oz/y of gold, Polyus reported on Monday.
The Natalka mine will increase Polyus’ overall gold output to 2.8-million ounces in 2019.
Based on the current mine plan, Natalka would operate for 31 years. The deposit has ore reserves of 16-million ounces and mineral resources of 34-million ounces.