“Lomonosovskoye”, which owns the license for the similarly named iron ore deposit in the Kostanay region, will start its industrial operation in 2025. The company’s mining plan is published on the Unified Environmental Portal of Kazakhstan. Public hearings on the project will take place in early March 2024.
The mining area belongs to a large mining region of the republic. Sarbay and Sokolovskoye deposits, Sokolovsky underground mine are located 10-20 km southeast of Lomonosovskoye, and 30 km north of it is the Kacharsky quarry.
The company plans to conduct open-pit mining at Lomonosovskoye for 22 years. During the first five years of quarry operation, work will only be carried out in the central area. Due to the fact that the deposit is located at significant depth, in 2025-2026, the subsoil user will only engage in overburden operations without concurrent extraction.
By the fourth year of operation, the enterprise will reach an annual ore extraction volume of 7 million tons. After the north-western part of the quarry is put into operation, the project capacity will increase to 16 million tons of iron ore per year. It is planned to maintain production at this level from the eighth to the 21st year of Lomonosovskoye’s operation.
The project documentation of “Lomonosovskoye” does not indicate the reserves of the deposit. Most likely, the raw materials will be processed at the company’s own ore processing plant.
