Russian Gold

To clarify, she needs both reserves in the ground i.e. mines, etc and in the banks. Kevin
has already gotten some info on the first 2 tasks, so start with the mine locations and take
it from there.
I need a breakdown of the Russian gold sector
Can I get this by Friday COB?
o
o

Amount of Reserves (and global ranking)

Amount of Production (& global ranking)
(before fall of SU, during the 1990s, over the past few years)
o
Where are the mines? (regionally)
o
Which steel companies work in the same region as the mines?
o
Major companies & who owns them
(there are literally hundreds of Russian gold companies, so if we can get a
ballpark # on just how many there are)
o
Do any of these companies own assets abroad (look at Africa, SEA, LA, etc)
Mines: Polyus company owns Olimpiada mine, the largest in Russia and which is located
in the Krasnoyarsk region, Kuranakh mine, which is located in Aldan Province of
Yakutsk, and Zapodnoye mine, located in the Irkutsk region.
Polyus company will launch $2.5 billion Natalka mine project. Will be completed in
2012 or 2013. Located in the Magadan region in the remote northeast. Natalka has
reserves of 40.8 million ounces at an average grade of 1.13 grams per tonne to
internationally recognised Joint Ore Reserves Committee (JORC) standards.
Polyus company will launch Verninskoye mine project in the Siberian region of Irkutsk,
in 2010.
Peter Hambro operates the Pokrovskiy mine in the Amur Region. it is an operating open
pit gold mine with excellent infrastructure: electricity supply, roads, heating plant,
laboratory, accommodation, canteen and offices. It is equipped with a full mining fleet,
including trucks, bulldozers, shovels and drill rigs. Access to the Pokrovskiy mine is
either by air service from Blagoveschensk to Zeya (88 km from the mine) or by TransSiberian Railways from Khabarovsk (18 hours) to Tygda (10 km from the mine). The car
journey from the regional capital Blagoveschensk to the mine takes approximately 7
hours. In 2008 gold production from the Pokrovskiy mine was 267,100 oz, an increase of
13% compared to 2007 and exceeding the Groups production target for 2008 by 19%.
Peter Hambro operates Pioneer mine, located in the Amur Region, just c.35 km from
Pokrovskiy. Pioneer is c.40 km from the Tigda station on the Trans-Siberian railway and
c.60 km from the closest airport at Zeya. The licence for the Pioneer deposit was acquired
by the Group in 2001. The first phase of the plant was commissioned just six years later

in 2007. The Directors consider the commissioning of Pioneer to represent a significant

stage in the Groups expansion plans.
Omchak group operates the Berelekh mine, which seems to be a series of alluvial mines
in the Magadan region which are collectively referred to as a single operation.
Shkolnoye is located in the Magadan region and is operated by CJSC Nelkobazoloto.
Vetrenskoe is located in the Magadan Region and is operated by CJSC Susumanzoloto
since 2000.
The Dukat deposit is located in the Russian northeast, in the Omsukchan district of the
Magadan Region, 650 km from Magadan City and 40 km from the Omsukchan
Township. It is operated by Polymetals. (CJSC Magadan Silver is a Polymetals
subsidiary) Dukat is a gold mine, but it also is the third largest silver deposit globally and
the largest in Russia by ore reserves, containing 60% of Russia's total silver reserves. It
produced 31k oz of gold in 2008, and 12.5 million oz. of silver.
The Lunnoye deposit is located in the northeast of Russia, in the Omsukchan district of
the Magadan Region, 650 km from Magadan and 134 km from the Omsukchan
Township. The Lunnoye deposit is operated by CJSC Magadan Silver, a Polymetal
subsidiary. In 2008 Lunnoye produced 14k oz. of gold and 3.4 million oz. of silver.
The Khakanja deposit is located in the Okhotsk District of the Khabarovsk Territory, 92
km to the northwest of the district centre Okhotsk Town. The Khakanja deposit is
operated by OJSC Okhotsk Mining and Geological Company, a Polymetal subsidiary. In
2008 Khakanja produced 109k oz. of gold and 1.3 million oz. of silver.
The Vorontsovskoye gold deposit is located in the Krasnoturyinsk Ore District of the
Sverdlovsk region, 0.5 km to the west of the Vorontsovka Township. The Vorontsovskoye
deposit is operated by CJSC Northern Urals Gold, a Polymetal subsidiary. In 2008 it
produced 132k oz. of gold and 65 million oz. of silver.
The Arylakh deposit is located in the Russian northeast in the Srednekansk district of the
Magadan Region, 30 km to the northwest of Polymetals Lunnoye deposit. The Arylakh
deposit is being developed by CJSC Magadan Silver, a Polymetal subsidiary. Because of
its remote location, the Arylakh deposit work on a fly-in, fly-out system. The mine and
plant operate 364 days per year. Production began in 2007 and numbers are not yet
available.
The Yurievskoye deposit is located in the Okhotsk District of the Khabarovsk Territory, 90
km to the northwest of the Khakanja deposit (in the northwest of the district centre
Okhotsk Township). The Yurievskoye deposit is developed by OJSC Okhotsk Mining and
Geological Company, a Polymetal subsidiary. The Yurievskoye deposit is a satellite
deposit of Khakanja. The Khakanja processing plant processes ore from both the
Khakanja deposit and the Yurievskoye deposit.

Mnogovershinnoe is located in the Nikolaevsk area of the Khabarovsk Territory in the

far-east of the Russian Federation. The mine is located some 650 km north of the city of
Khabarovsk and is accessed from Nikolaevsk-na-Amure, the principal regional centre,
via a 132 km long gravel road. Between 1991 and the present day the mine has produced
some 700,000 oz of gold. It is operated by Highland Gold.

The deposit at Novoshirokinskoye (Novo) is in the Chita Region of Eastern Siberia.

Redeveloping this older mine is a joint venture deal between Highland Gold and Kazzinc,
involving the sale of a 48.3% interest in the development project at Novoshirokinskoye
(Novo) and was completed in December 2006. Approximately 1 million oz. of gold are
thought to exist at this site.

The Mayskoye gold deposit is located in the Chaunski District of the Chukotka
Autonomous Territory, in the far northeast of the Russian Federation. Access and supply
is via the seasonal (May to October) Arctic seaport of Pevek, which also has an airport
suitable for all types of aircraft. The deposit is linked to Pevek by road via Komsomolsky,
a small mining centre 58 km northwest of Mayskoye, a total distance of 187 km. This site
is thought to hold more than 2 million oz. of gold. On 4 September 2003, Highland Gold
announced it had reached a conditional agreement to acquire 100% of JSC Mayskoye, the
holder of a license to develop the Mayskoye deposit.

The Taseevskoye deposit is located two kilometres south of the town of Baley
(Population: 13,800) in the Chita region, Eastern Siberia. The deposit was discovered in
1941 and during the period 1948 to 1994 produced 6.4 million ounces of gold from 16.3
million tonnes of ore at an average gold grade of 12.2 g/t. This site is thought to hold
more than 2 million oz. of gold.

The Irokinda Mine is located in the Republic of Buryatia, Russia, 80 kilometres by road
from the Baikal-Amur railroad, at the north-east end of Lake Baikal. This site produced
75,224 oz. of gold in 2007. It is operated by High River Gold Mines.
The Berezitovy property is located in the Tindinski District, Amur Oblast, 900 kilometres
northwest of the Oblast capital city of Blagoveshchensk. The regional centre of Tynda,
with a population of 40,000, is approximately 340 kilometres northeast of the property
while the closest large town is Skovorodino, approximately 123 kilometres southeast by
road. The nearest population centre is Urusha (4,700 people) located 50 kilometres to the
south of the property, on the Trans Siberian railway and a major road. The Berezitovy
Deposit is gold-polymetallic, low-sulphide type mineralization with sulphide mineral
content in the range of 5 to 10%. The design mining rate is 1.5 million ore tonnes per
year. The average mine life waste to ore ratio is 5.61:1 which necessitates an overall
average daily production rate of 27,878 tonnes of material moved. The production
schedule has a maximum daily production rate of 45,000 tonnes. The 10 percent diluted
mineral reserve estimate is 13.9 million tonnes with a grade of 2.3 grams gold per tonne
and 11.4 grams silver per tonne. This site is operated by High River Gold.
Zun-holba is located in the Republic of Buryatia, Russia, approximately 315 kilometres
by road from the Trans-Siberian Railroad, at the southwest end of Lake Baikal. This site
produced 69,474 oz. of gold in 2007. It is operated by High River Gold.
The Kupol deposit is located in the northwest part of the Anadyr foothills on the
boundary between the Anadyr and Bilibino Regions in the Chukotka Autonomous Okrug.
The total distance between the Kupol property and Bilibinothe nearest major cityis
approximately 200 kilometres. In May 2008, Kinross (the owning company) announced
that the mill had begun processing ore and that the Kupol mine had produced its first
ounce of gold-silver dore. The site is thought to hold approximately 3,280,000 oz. of
gold.
Companies: Polyus, mines almost of Russias gold. Is the world's fourth-largest gold
company by reserves. Plans to more than triple gold output to 3.9 million ounces by
2015. It has forecast 2007 output to be close to the 1.2 million ounces mined in 2006.
Polyus is majority owned by Prokhorov and former business partner Vladimir Potanin,
who are engaged in a protracted split of their various shared assets in mining, media and
banking. The company owns what is currently Russia's biggest gold mine, Olimpiada,
and is developing several other projects across Siberia and the Russian Far East.

Peter Hambro Mining PLC is London-based, but one of the top three gold producers in
Russia. Founded 1994.
The Omchak Joint Venture with Peter Hambro, Susumanzoloto, and Shkolnoye was
established in 2003. They contributed their interests in two operating mines, the Berelekh
mine and the Shkolnoye mine. The primary objective of the Omchak Joint Venture was to
identify, acquire and develop promising gold deposits in regions of Russia where the
Group did not have a presence at the time. Omchak operates primarily in the Magadan
Region, one of the oldest and biggest Russian gold provinces. The establishment of
Omchak enabled the Group to operate in the Region for the first time. Since its
incorporation, Omchak has acquired over 10 new assets in four different regions of
Russia which it has been actively exploring and developing. In 2007 Omchak also
carried out gold exploration and production in four different regions of Russia: Magadan,
Chita, Amur and Republic of Sakha (Yakutia). Omchak is also active in the Irkutsk
Region.
CJSC Nelkobazoloto holds the exploration and production licence for the Shkolnoye hard
rock gold deposit which it mines by underground methods. Major development works
were completed at the deposit in 2002. The company also mines the Vetrenskoe hard
rock gold deposit under contract with CJSC Susumanzoloto which acquired the licence to
the deposit in 2000.
Polymetal is Russias largest silver producer and third largest gold producer. The
Company is also the fifth largest silver producer in the world, based on 2007 results
(World Silver Survey, prepared by GFMS and Silver Institute). Currently the company
and its subsidiaries operate in five Russian regions the Magadan, Sverdlovsk and
Chita Regions, and the Krasnoyarsk and Khabarovsk Territories. The company has
brought four major mining projects into production Dukat, Khakanja, Vorontsovskoye
and Lunnoye. All these projects were green-field, except Dukat which was extensive
brown-field.
Highland Gold Mining Limited was incorporated in Jersey on 23 May 2002 for the
purpose of acquiring, consolidating and developing a portfolio of quality gold mining
projects in the Russian Federation with good growth potential. Highland Gold owns the
fully operational Mnogovershinnoe mine (MNV) in the Khabarovsk Region; three
development projects - Novoshirokinskoye and Taseevskoye (Chita Region), and
Mayskoye (Chukotka); six exploration areas - Belaya Gora, Iska and Maya Inikan in the
Khabarovsk Region, Lubavinskoye-Malo-Fedorovskoye in the Chita Region, Sovinoye in
Chukotka and Unkurtash in Kyrgyzstan (Central Asia).
http://www.highlandgold.com/hgm/operations/deposits/
High River is a gold company with interests in producing mines, mines under
development, and advanced exploration projects in Burkina Faso and Russia. Two

producing mines, Zun-Holba and Irokinda, are situated in the Lake Baikal region of
Russia and produce approximately 125,000 ounces of gold per annum to High River. Two
new open pit gold mines, Taparko-Bouroum in Burkina Faso, and Berezitovy in Russia,
have been constructed and are currently being put into full production. Finally, High
River has two advanced exploration projects with NI 43-101 compliant resource
estimates, the Bissa gold project in Burkina Faso and the Prognoz silver project in Russia.
All current and future gold and silver production remains unhedged. High River Gold
Mines Ltd. is listed on the Toronto Stock Exchange under the symbol HRG. High River
operates two mines in Africa.
http://www.hrg.ca/s/Home.asp
Kinross Gold acquired the company Bema Gold in 2007. It is based in Canada with nine
mines in stable countries including the United States, Brazil, Chile and Russia. Kinross
maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock
Exchange (symbol: KGC). Kinross acquired a 75% interest the Kupol project in Far
Eastern Russia on February 28, 2007 through the acquisition of Bema Gold. The
remaining 25% interest is held by the Chukotka government.

POLYUS GOLD (PLZL.MM) (PLZLq.L)

Market capitalisation as of Feb. 7: $10.2 billion
Main owners: Mikhail Prokhorov and Vladimir Potanin, who are
engaged in a protracted division of their varied assets
2007 output: 1.215 million ounces (23 percent of Russia's
total)
2006 output: 1.215 million ounces (23 percent)
Long-term forecast: 3.9 million ounces by 2015
Operating mines: Olimpiada (Krasnoyarsk region), Kuranakh
(Yakutia), Zapadnoye (Irkutsk), alluvial deposits in Irkutsk
region
Development projects include: Blagodatnoye, Titimukhta,
Olenii, Tyrada (Krasnoyarsk), Verninskoye, Chertovo Koryto
(Irkutsk), Natalka (Magadan), Nezhdaninskoye (Yakutia)
* Polyus is the world's fourth-largest gold company in terms
of reserves. An audit by MICON International last year said the
company had proved and probable reserves of 68.6 million ounces.
PETER HAMBRO MINING (POG.L)
Market capitalisation as of Feb. 7: $2.2 billion
2007 output: 297,300 ounces (5.6 percent of Russia's total)
2006 output: 261,000 ounces (4.9 percent)
Long-term forecast: 900,000 ounces by 2010 and more than 1
million ounces by 2011
Operating mines: Pokrovsky, Pioneer (Amur), Omchak (joint
venture in Magadan), several alluvial deposits
Development projects include: Malomir (Amur), Novogodnee
Monto, Toupugol-Khanmeishorsky (Yamal-Nenets).
POLYMETAL (PMTLq.L) (PMTL.MM)
Market capitalisation as of Feb. 7: $2.6 billion
Main owner: Suleiman Kerimov
2007 output: 242,000 ounces (4.6 percent of Russia's total)
2006 output: 256,000 ounces (4.8 percent)
Forecast 2008 output: 250,000-270,000 ounces
Long-term forecast: 400,000 ounces by 2010
Operating mines: Dukat, Lunnoye (Magadan), Vorontsovskoye
(Sverdlovsk), Khakanja (Khabarovsk)
Development projects include: Albazino, Khakarinskaya
(Khabarovsk), Dukat Ore Field, Kubaka (Magadan), strategic
alliance with AngloGold Ashanti Ltd (ANGJ.J) (various regions),
Rudnichny, Galkinsky (Sverdlovsk), Anenskoye (Krasnoyarsk)
* Polymetal is also Russia's largest silver miner.
YUZHURALZOLOTO
Unlisted. The name translates as South Urals Gold

2007 output: 158,900 ounces (3.0 percent of Russia's total)

2006 output: 127,700 ounces (2.4 percent)
Operating mines: Svetlinskoye, Bereznyakovskoye,
Kochkarskoye, West Kurasan, South Kurasan (all Chelyabinsk),
Priisk Drazhny (Krasnoyarsk), Kommunarovsky (Khakassia), Darasun
(Chita).
HIGHLAND GOLD MINING LTD (HGM.L)
Market capitalisation as of Feb. 7: $1.3 billion
Shareholders include: Millhouse LLC (the investment vehicle
of Roman Abramovich - 40 percent), Barrick Gold Corp (ABX.TO)
(approximately 20 percent)
2007 output: 156,490 ounces (3.0 percent of Russia's total)
2006 output: 167,544 ounces (3.2 percent)
Long-term forecast: more than 200,000 ounces by 2009
Operating mine: Mnogovershinnoye (Khabarovsk)
Development projects include: Mayskoye (Chukotka),
Taseyevskoye, Novoshirokinskoye* (Chita)
* Novoshirokinsoye is a polymetallic deposit being developed
jointly with Kazzinc, a Kazakhstan-based zinc producer owned by
Switzerland-based trader Glencore.
KINROSS GOLD CORP (K.TO)
Market capitalisation as of Feb. 7: $13.0 billion
Toronto-based Kinross could become Russia's second-largest
gold miner when it starts its Kupol project in Chukotka. Kupol
is due to start in mid-2008 and is forecast to produce about
550,000 ounces of gold per year from 2009. The company also owns
the Julietta mine in Magadan region, which is already among
Russia's top ten producers. Kinross acquired the assets through
its acquisition of Bema Gold Corp.
BURYATZOLOTO (BRZL.RTS)
Market capitalisation as of Feb. 7: $142.7 million
2006 output: 150,173 ounces (Zun Holba mine 70,107 ounces,
Irokinda mine 80,066 ounces)
Forecast 2007 output: 145,400 ounces (Zun Holba mine 69,100
ounces, Irokinda mine 76,300 ounces)
* Buryatzoloto is owned 85 percent by Canada's High River
Gold Mines Ltd (HRG.TO) and operates the Zun Holba and Irokinda
mines in Buryatia. Separately, High River Gold also owns 99
percent of the Berezitovy mine in Amur region as well as a gold
mine in Burkina Faso and the Prognoz silver deposit in Russia's
Yakutia region.
GV GOLD

Unlisted. Plans IPO by autumn 2008 at earliest

2007 output: 102,900 ounces (2.0 percent of Russia's total)
2006 output: 86,967 ounces (1.6 percent)
Forecast 2008 output: 118,600 ounces
Operating mine: Golets Vysochaishy (Irkutsk).
AMUR
Unlisted. Majority owned by Moscow-based Alliance Group.
2007 output: 100,182 ounces (1.9 percent of Russia's total)
2006 output: 86,839 ounces (1.6 percent)
SEVERSTAL (CHMF.MM) (CHMFq.L)
Market capitalisation as of Feb. 7: $22.5 billion
Main owner: Alexei Mordashov
Severstal is Russia's largest steel maker including foreign
assets. The company last year acquired Celtic Resources Plc and
several Russian gold fields. Mordashov said in November he plans
to build a gold-mining company that could become Russia's thirdor fourth-largest and could be spun off within five years.

LIST OF PROJECTS DONE BY NBL GOLD FROM FALL OF USSR TO

PRESENT
http://www.nblgold.com/our-projects/completed-projects-1/
Object
Region
Works
Year
Client
Zun-Kholba deposit
Republic of Buryatia
Detailed design of Gold Treatment Plant-400 reconstruction for the purpose of output
increase up to 600 tonnes per day at Zun-Kholba deposit
1991-1993
Buryatzoloto JSC
Olon-Ovot gold deposit
Mongolia
Metallurgical Tests of Olon-Ovot (Mongolia) ore for affinity to heap leach treatment
1992
PKO Ergo
for Mongol Gazar
Olon-Ovot gold deposit
Mongolia
Recommendations on process parameters at Olon-Ovot pilot plant operation
1992
PKO Ergo
for Mongol Gazar
Zun-Kholba, Barun-Kholba deposits
Republic of Buryatia
Study of gold mine development options by max. profit from 1g gold in extracted and
treated ore Zun-Kholba and Barun-Kholba deposits of Buryatzoloto (BZ)
1992-1994
Buryatzoloto JSC
Olon-Ovot gold deposit
Mongolia
Technical-Economical Study of heap leaching at Olon-Ovot gold deposit
1993

PKO Ergo
for Mongol Gazar
Zun-Kholba deposit
Republic of Buryatia
Technological assaying of Zun-Kholba ores for processes of ore grading by photo- and xray photometry methods
1993
Buryatzoloto JSC
Mnogovershinnoe deposit
Khabarovsk Territory
Feasibility Study of open pit mining of ore bodies near-surface portions of
Mnogovershinnoye (MNV) gold deposit
1993-1994
Nizhneamurzoloto JSC
Khabarovsk Territory
Study on underperformance of solvent extraction installation at Nizneamurzoloto plant
and recommendations for appropriate improvement
1994
Nizhneamurzoloto
Gagarskoye hardrock gold deposit
Sverdlovsk Region
Design Criteria Study for Gagarskoye hardrock gold deposit.
Approved by GKZ
1994
Roszolotoproject for AS Neiva
Mnogovershinnoe deposit
Khabarovsk Territory
Feasibility Study of open pit mining of ore bodies near-surface portions of
Mnogovershinnoye (MNV) gold deposit
1994
Nizhneamurzoloto
Priisk Kolchansky
Khabarovsk Territory
Placer gold deposits development concept for Kolchansky Mine of Nizny Amur Zoloto
company for 1995-2005
1994
Kolchansky priisk Nizhneamurzoloto
Nakomarnik placer deposit
Khabarovsk Territory
Detailed design of mining Nakomarnik gold placer deposit

1994
Kolchansky priisk Nizhneamurzoloto
Karalveem deposit
Chukotka Autonomous District
Technical-Economical Study of gold mining combine construction at Karalveem gold
deposit. Geology & Mining Volumes
1994
Roszolotoproject for Ruda
Bekchy-Mariinsky Deposit
Khabarovsk Territory
Detailed Design of mining Bekchy-Mariinsky gold placer deposit by an 80L dredge
1994-1995
Kolchansky priisk Nizhneamurzoloto
Placers
Khabarovsk Territory
Detailed design for development of Zayacy-Ammonalny, Zamanchivy, Pokrovsky-Verny
placer gold deposits
1994-1995
Kolchansky priisk Nizhneamurzoloto
Mnogovershinnoe deposit
Khabarovsk Territory
Detailed design of open-pit mining of Yuzhnoye (South), Flangovoye (Flank) and
Tsentralnoye (central) orebodies at Mnogovershinnoye (MNV) deposit
1994-1996
Nizhneamurzoloto JSC
Khabarovsk Territory
Design and implementation of a flowsheet for the better recovery of fine and flaky gold
from hard-to-wash placer gravels of Nizneamurzoloto by modular installation
1995
Nizhneamurzoloto JSC
Priisk Oktyabrsky
Amur Region
Development business-plan for Priisk Oktyabrsky (placer gold) Mine for 1996-2000 and
further to 2005
1995
Priisk Oktyabrsky JSC
Khabarovsk Territory
Blasthole drilling equipment at open pits
(Analytical Review)
1995
Nizhneamurzoloto JSC

Gold Placer Aliya

Chita Region
Technical-Economical Study of developing Aliya gold placer deposit
(Chita Region)
1995
Artel Aliya
Khabarovsk Territory
Gold Mining development for Khabarovsk Region for 1996-2005
1995-1996
Administration of Khabarovsk Region
Krasnoyarsk Territory
State-of-the-art techniques of refractory gold-arsenic ore and concentrate treatment
(analytical review)
1996
Polyus JSC
Olimpiada deposit
Krasnoyarsk Territory
Detailed design of Olympiada primary gold ore and concentrate bio-leaching pilot plant
1996-1997
Polyus JSC
Russia
Investor Memo:Brief description of 12 most prospective gold plays in Russia
1997
Oneksimbank JSC Moscow
Gold Placer Syra-river
Tanzania
Technical-Economical Study of developing gold placer deposit at Syra river
1997
Russian Mining Company JSC
Nepryakha Region
Chelyabinsk Region
Study with recommendations on setting the system of exploration and mining of precious
metals in Nepryakha region (South Urals)
1997
Russian Klondaik JSC
Gold Placers
Amur Region
Study on regional cut-off grade for placer open-pittable gold reserve calculation
Approved by GKZ
1997-1998
The Committee on Natural Resources of Amur region

Gold Placers
Amur Region
Study on mining cut-off for placer licences of Amur Mining Center JSC
Approved by GKZ
1998-1999
Amur Mining Centre JSC
Mayskoe deposit
Chukotka Autonomous District
Resource cut-off study for Mayskoye gold deposit
Approved by GKZ
1998-1999
Mayskoye JSC
Veduga deposit
Krasnoyarsk Territory
Detailed design of pilot operation for mining and heap leaching of oxide gold ore at
Veduga Mine
1998-1999
Amikan LLC
Amur Region
Amursky Region criteria design monitoring
1998-2000
The Committee on Natural Resources of Amur region
Beshennaya Creek placer
Primorsk Territory
Detailed design of Beshennaya Creek placer gold mine
1999
Artel Alchan
Pokrovsky Mine
Amur Region
Feasibility Study of the 2nd stage of Pokrovsky Mine development
1999-2000
Pokrovsky mine
Sakha Republic (Yakutia)
World leading design, engineering and consultancy companies for gold mining industry
(analytical rewiew)
2000
Aldanzoloto JSC
Nezhdaninskoe deposit
Sakha Republic (Yakutia)
Study of Nezhdaninskoye gold deposit development options

2000
South-Verkhoyansk mining company
Vetrenskoe deposit
Magadan Region
Detailed engineering of Vetrenskoye gold mining combine
2000
Susumanzoloto JSC
Vetrenskoe deposit
Magadan Region
Detailed engineering of Vetrenskoye gold mining combine
2000-2001
Susumanzoloto JSC
Sakha Republic (Yakutia)
World leading design, engineering and consultancy companies for gold mining industry
(analytical rewiew)
2001
Aldanzoloto JSC
Kochkar deposit
Chelyabinsk Region
Study on mining cut-off for Kochkar hardrock gold
Approved by GKZ
2001
Yuzhuralzoloto JSC
Kuranakh Ore Field
Sakha Republic (Yakutia)
Scoping Study of the 1st stage of Kuranakh Ore Field development
2001
Aldanzoloto JSC
Chelyabinsk Region
Gold mining development in Chelyabinsk Oblast (Ural)
2001-2002
Administration of Chelyabinsk Region
Pokrovsky Mine
Amur Region
QP Report on Pokrovsky Mine (Amur Region) for AIM listing of Peter Hambro Mining
(PHM) (in conjunction with Micon International)
2002
Peter Hambro Mining LTD (UK)
Kaliningrad Amber Plant
Kaliningrad Region

Kaliningrad Amber Plant: Rewiew of the current state and recommendations on

upgrading and improvements
2002
Kaliningrad Amber Plant
Lomonosovskoe diamond deposit
Arkhangelsk Region
Feasibility Study of reserves development at Lomonosovskoye diamond deposit by
hydro-mechanized method
2002
Severalmaz JSC
Aginskoe deposit
Kamchatka Region
Estimation of investment advantages of MMC construction at Aginskoye hard rock gold
deposit
2002
Koryakgeoldobycha JSC
Vetrenskoe deposit
Magadan Region
Due diligence report on current status and perspective development of Vetrenskoye
gold mine
2002
Susumanzoloto JSC
Veseliy mine
Altay Republic
Preliminary estimation of pilot plant construction for wastes processing at "Vesely Mine"
(adjustment calculations)
2002
Mine Veseliy
Veseliy mine
Altay Republic
Feasibility Study on comparing different variants of reconstruction of Goldmining Plant
"Veseliy Mine"
2002
Mine Veseliy
Shkolny mine
Magadan Region
Justification of change of gold production quota at Schkolny mine
2003
Nelkobazoloto JSC

Vetrenskoe deposit
Magadan Region
Due diligence report on current status and perspective development of Vetrenskoye
gold mine
2003
Susumanzoloto JSC
Pokrovskoe deposit
Amur Region
Preliminary audit and monitoring of Pokrovskoye gold mine
2003
Peter Hambro Mining LTD (UK)
Pioner deposit
Amur Region
Preliminary cut-off estimation and mine design criteria for Pioneer hard rock gold deposit
2003
Pokrovsky Mine JSC
Aldgold Gold Mining Company
Sakha Republic (Yakutia)
Preliminary evaluation of development concept for Aldgold Gold Mining Company
2003
Lanta-bank
(Moscow)
Sarylakh gold-antimonic deposit
Sakha Republic (Yakutia)
Feasibility Study of deep layer reserves development at Sarylakh gold-antimonic deposit
2003
Sarylakh-Surma JSC
Bereznyakovskoe deposit
Chelyabinsk Region
Cut-off estimation and mine design criteria for Berezniakovskoye hard rock gold deposit
2003
Yuzhuralzoloto JSC
Nezhdaninsky mine
Sakha Republic (Yakutia)
QPR for Standard Bank of London on Nezhdaninsky Mine of SVMC/Celtic Resources
2003
Celtic Resources
Berezitovoe deposit
Amur Region

Supervision of Berezitovoe gold mining complex construction and design

2003
Buryatzoloto/High River Gold
Norilsk-Nickel JSC
Krasnoyarsk Territory
Technical Audit of Mineral Reserves and Operational Report of JSC MMC Norilsk
Nickel (in conjunction with Micon International Company Limited)
2003
Norilsk-Nickel JSC
Berelekh mining company
Magadan Region
Independent valuation of JSC Berelekh gold mining operations (Susumanzoloto). On
request of Peter Hambro Mining
2003
Peter Hambro Mining LTD (UK)
Golets Vysochaishiy, Pervenets deposits
Irkutsk Region
Due diligence report on LT-Resource JSC mining projects evaluation
2003
Lanta-bank
(Moscow)
Mining company Omchak
Magadan Region
Preliminary valuation of potential projects of Gold Mining Company 'Omchak' JSC
2003
Mining company Omchak
Tymlat deposit
Kamchatka Region
Conceptual Study with recommendations on development of Tymlat alluvial and
hardrock gold deposit
2003
Kamgeo JSC
Golets Vysochaishiy, Pervenets deposits
Irkutsk Region
Feasibility of LT-Resource JSC mining projects (Aldgold Gold Mining Company,
Vysochaishiy PLC, Pervenets PLC)
2004
Lanta-bank
(Moscow)

Tidid silver deposit

Magadan Region
Pre-feasibility for silver mine at Tidid deposit
2004
Silver company LLC
Dudinskaya geological exploration team activity
Taimyr Autonomous District
Study of Dudinskaya geological exploration team activity for the purpose of lost profit
evaluation
2004
VSEGEI
(St. Petersburg)
Kluchevskiy mine
Chita Region
Estimation of investment advantages of Kluchi mine development
2004
Zapadnaya - Kluchi mine
Gold mining company
Mongolia
Technical Audit of one of the biggest goldmining companies in Mongolia
2004
Rosbank JSC
(Moscow)
Mayat placer diamond deposit
Sakha Republic (Yakutia)
Exploration cut-off estimation and mine design criteria for Mayat placer diamond deposit
Approved by GKZ
2004
Almazy Anabara LLC
Sentanchan hard rock gold-antymony deposit
Sakha Republic (Yakutia)
Banking evaluation for re-start and development of mining operations at Sentanchan hard
rock gold-antymony deposit
2004
Sarylakh - Surma JSC
Gold mining company
Estimation of one of gold mining companies
2004
Standard Bank JSC

Gold mining company

Kazakhstan
Preliminary estimation of the company assets
2004
Kazakhaltyn JSC
Neroyskoe quartz deposit
Khanty-Mansiysk Autonomous District
The I-st stage of detailed design for open pit mining of Neroy vein rock crystal deposit
2004
Polyarny Kvarts
Aginskoye deposit
Kamchatka Region
EPC contract for Aginskoye gold mining complex
2004
Kamgold JSC
Aginskoye deposit
Kamchatka Region
Feasibility Study of mining Aginskoye hardrock gold deposit. On request of JSC
Koryaklgeologodobycha
2004
Kamgold JSC
Mezhsopochnoe deposit
Sakha Republic (Yakutia)
Detail design of pilot scale heap leaching operation at Mezhsopochnoe gold deposit
2004
Artel Seligdar JSC
Taborno deposit
Sakha Republic (Yakutia)
Cut-off estimation and mine design criteria for Tabornoye hard rock gold deposit
Approved by GKZ
2005
Neryungri-Metallik JSC
Kupol deposit
Chukotka Autonomous District
Cut-off estimation and mine design criteria for Kupol hard rock gold deposit
Approved by GKZ
2005
Bema Gold

Talitsa-Blagodat diamond deposit

Perm region
Mine design criteria for diamond mining at the deposit in Perm Region
2005
Perm'geologodobycha JSC
Molodo river alluvial diamond deposit
Sakha Republic (Yakutia)
Preliminary evaluation of variants of pilot-scale underwater mining at Molodo river
alluvial diamond deposit
2005
Nizhne-Lenskoe JSC
Buruktal cobalt-nickel deposit
Orenburg Region
Cut-off estimation and mine design criteria for Buruktalskoe nickel mine development in
2004-2006
Approved by GKZ
2005
Yuzhuralnikel JSC
Pokrovsky Mine
Amur Region
Audit of Environmental, Health, Safety and Social Aspects at Pokrovsky Mine/Peter
Hambro Mining for IFC
2005
Pokrovsky Mine JSC
Ozernoe polymetallic deposit
Republic of Buryatia
Development Concept Study for Ozernoye polymetalic deposit
2005
IFC Metropol
Verkhnya Pana deposit
Murmansk region
Exploration cut-off estimation and mine design criteria fro Verkhnya Pana PGM-base
metals deposit, in collaboration with IRGIREDMET
2005
Bema Gold
Mizek gold deposit
Kazakhstan
Preliminary assessment of Mizek gold deposit development
2005
DANK LLC

Sarylakh gold-antimony hard rock deposit

Sakha Republic (Yakutia)
Detailed engeneering design for I stage mining of lower layers at Sarylakh gold-antimony
hard rock deposit
2005
Sarylakh-Surma JSC
Lenzoloto JSC
Irkutsk Region
Development Concept Study for Lenzoloto JSC for 2005-2010 (in collaboration with
IRGIREDMET)
2006
Polyus JSC Precious metals survey on World and Russian market prepared for
Gazprombank board of directors
2006
Gazprombank JSC
Tidid silver deposit
Magadan Region
Reserves cut-off estimation for Tidid silver deposit
2006
Silver company LLC
(Magadan Region)
Kholodninskoe polymetallic deposit
Republic of Buryatia
Concept Study for Kholodninskoye polymetalic deposit
2006
IFC Metropol
Vysochayshiy JSC
Irkutsk Region
Competent Person Report prepared for the goldmining company Vysochayshiy for the
purpose of getting the loan from Standard Bank (Russia)
2006
Vysochayshiy JSC
Vysochayshiy JSC
Irkutsk Region
Fundamental provisions of the Annual report JSC Vysochayshiy for 2006
2006
Vysochayshiy JSC
Sopka Kvartsevaya, Karalveem deposits
Magadan Region, Chukotka

Engineering works and Consultancy for development of "Sopka Kvartsevaya" and

"Karalveem" Projects
2006
Leveiv Group
Krasnokamensk mine group
Krasnoyarsk Territory
Concept Study for Krasnokamensk mine group
2006
MBC Corporation
Bolshoy Kuranakh r. placer deposit
Sakha Republic (Yakutia)
Designing of Geological Model of site 4 of alluvial gold deposit of river B. Kuranakh
needed for estimation of reserves and optimization of mining works
2006
LT-Resource JSC
Bolshoy Kuranakh r. placer deposit
Sakha Republic (Yakutia)
Project Definition Study for Big Kuranakh River gold deposit
2006
LT-Resource JSC
Ozernoe polymetallic deposit
Republic of Buryatia
Preliminary Feasibility Study for Ozernoe polymetalic deposit with AMC Consulting
(UK) Ltd.
2006
IFC Metropol
Ozernoe polymetallic deposit
Republic of Buryatia
First stage of development project for Ozernoye polymetalic deposit (with Contracting
construction company STEP)
2006
MBC Corporation
Kholodninskoe polymetallic deposit
Republic of Buryatia
Declaration of intentions for developing of Kholodnenskoe polymetall deposit (Buryatia)
(Russian Format Study)
2006
PiterGORproyekt Ltd.
Kholodninskoe polymetallic deposit

Republic of Buryatia
First stage development of the Kholodnenskoye deposit (Buryatia) & selection of the
mine site (Russian Format Study)
2006
PiterGORproyekt Ltd.
Tepliy project
Magadan Region
Information Memorandum of Teply prospecting project
2007
Lanta-Bank
Nazarovskoye gold-polymetallic deposit
Republic of Buryatia
Desktop review of gold mineralization potential at Nazarovskoye field
2007
MBC Corporation
Ozerninskoe ore field
Republic of Buryatia
Desktop review of gold mineralization potential at Ozerninskoe ore field
2007
MBC Corporation
Bozymchak copper-gold deposit
Kyrgyzstan
Cut-off estimation and mine design criteria for Bozymchak gold-copper deposit
2007
Demex Gold Company (Charaltyn) Aldgold JSC
Sakha Republic (Yakutia)
Competent Person Report for Aldgold in collaboration with Wardell Armstrong Int.
2007
Aldgold JSC
Mizek gold deposit
Kazakhstan
Pre-Feasibility Study of sulphidic part of the reserves of Mizek gold deposit
(Kazakhstan), prepared in collaboration with Wardell Armstrong Int.
2007
Charaltyn JSC
Bozymchak copper-gold deposit
Kyrgyzstan
Pre-Feasibility Study of Bozymchak gold deposit, prepared in collaboration with Wardell
Armstrong Int.
2007

Charaltyn JSC
Amur JSC
Khabarovsk Territory
Current operations audit of condition and prospects of the development of Amur JSC
2007
Alyans-Prom JSC
Birkachan gold deposit
Magadan Region
Engineering works and Consultancy for possibility of treatment of ores of Birkachan gold
deposit by heap leaching
2007
Omolonskaya ZRK JSC
Bakchar iron ore deposit
Tomsk Region
Preliminary evaluation of Bakchar iron ore deposit, in collaboration with AMC
Consultants and Hatch
2007
IFC Metropol
Mizek gold deposit
Kazakhstan
Reserves cut-off estimation for sulphite part of Mizek gold deposit
2007
DANK LLC (Eurasia gold)
Martyan river placer deposit
Sverdlovsk Region
Cut-off estimation for alluvial platinum deposit in a Martyan river
valley, Mining&Transport part and cut-off estimation
2007
Geotechproekt
Bereznyakovskoye gold deposit
Chelyabinsk Region
Reserves cut-off estimation for Bereznyakovskoye hard rock gold deposit
2007
Geotechproekt for Uzhuralzoloto
Ozernoe, Ulzutuiskoye, Zvezdnoye, Nazarovskoye deposits
Republic of Buryatia
Preliminary geological and economical estimation of Ozerniy GOK construction on the
basis of Ozernoe, Ulzutuiskoye, Zvezdnoye and Nazarovskoye deposits within the project
of 'Zabaikalie complex development'

2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Gunduiskoe, Turkulskoe deposits
Republic of Buryatia
Preliminary geologic and economical estimation of Copper-Baryte GOK on the basis of
Gunduiskoe and Turkulskoe deposits within the project of 'Zabaikalie complex
development'
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Kholodninskoe polymetallic deposit
Republic of Buryatia
Preliminary geologic and economical estimation of Kholodnenskiy GOK construction on
the basis of Kholodninskoye deposit within the project of 'Zabaikalie complex
development'
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Gurvunurskoe, Severo-Gurvunurskoe, Arishinskoye, Solonogo and Oktyabrskoye
deposits
Republic of Buryatia
Preliminary geologic and economical estimation of iron-ore concentrate producing GOK
on the basis of Gurvunurskoe, Severo-Gurvunurskoe, Arishinskoye, Solonogo and
Oktyabrskoye deposits within the project of 'Zabaikalie complex development'
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Menkeche polymetallic deposit
Sakha Republic (Yakutia)
Preliminary geologic and economical evaluation of GOK construction on the basis of
Menkeche polymetallic deposit within the project of 'Yuzhnoye Verkhoyanie complex
development'
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Pervomayskiy GMK
Chita Region
Preliminary geologic and economical evaluation of Pervomayskiy GMK within the
project of Yuzhnoye Verkhoyanie complex development
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Iron-ore deposits
Republic of Buryatia
Concept-Study for iron-ore deposits exploration in Republic Buryatia

2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Copper-ore deposits
Republic of Buryatia
Concept-Study for copper-ore deposits exploration in Republic Buryatia
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Alumina deposits
Republic of Buryatia
Concept-Study for alumina deposits exploration in Republic of Buryatia
2007
Institute for Regional Policy for MBC Corporation (IFC Metropol)
Kupol gold deposit
Chukotka Autonomous District
Cut-off estimation and mine design criteria for Kupol gold deposit. Economical part.
2007
Chukotskaya GGK JSC (Bema Gold - Kinross Gold)
Pavlik gold deposit
Magadan region
Expertise of cut-off estimation of Pavlik deposit (executed by "PiterGORproekt")
2007
Arlan JSC
Ozernoe polymetallic deposit
Republic of Buryatia
TEO of investments (Russian Format equal to Pre-Feasibility Study) for Ozernoye
deposit
2007
Techprominvest Ltd. (IFC Metropol)
Nizhneyakokitsky project
Sakha Republic (Yakutia)
The design of heap leaching operation at Nizhneyakokitsky project in collaboration with
Geotehproekt LLC
2007
Zoloto Seligdara LLC
Gold Deposits
Uzbekistan
Expert estimation of investment advantages of three hardrock gold and one polymetallic
deposits development
2008

Confidential client
Svetloye hardrock gold deposit
Khabarovsk Territory
Geological materials (data bases etc.) review for cut-of-estimation of Svetloe gold ore
deposit
2008
PD RUS LLC
Kholodninskoye polymetallic deposit
Republic of Buryatia
Engineering Consulting supports for Kholodninskoye polymetallic deposit development
2008
Kholodninsky GOK (IFC Metropol)
Kholodninskoye polymetallic deposit
Republic of Buryatia
Pre-Feasibility Study of Kholodninskoye polymetallic deposit, in collaboration with
AMC Consultants
2008
MBC Corporation (IFC Metropol)
Nizhneyakokitsky project
Sakha Republic (Yakutia)
Reserves cut-off estimation for Nizhneyakokitskoe gold ore field (Deposits: Nadezhda,
Smezhnoe, Verkhnee, Trassovoe, Khvoinoe) in Central Aldan of Uzhno-Yakutskoe goldfield
2008
Zoloto Seligdara LLC
Ozernoe polymetallic deposit
Republic of Buryatia
Feasibility Study for Ozernoye polymetallic deposit, in collaboration with Hatch and
AMC Consultants
2008
Ozerniy GOK (JV IFC Metropol and Lundin Mining)
Golets Vysochaishiy gold deposit
Irkutsk region
TEO condicii (cut-off parameters estimation) for Golets Vysochaishy hard rock gold
deposit
2008
Vysochaishy JSC
Buruktalskoe laterite cobalt-and-nickel ore deposit
Orenburg region

Computer modeling and reserves estimation of Buruktalskoe laterite cobalt-and-nickel

ore deposit according to JORC
2008
Buruktalsky metallurgical plant LLC
Copper-and-gold ore cluster
Far East, Russia
Extended geological-and-economic estimation of copper-and-gold ore cluster
2008
Confidential client
CURRENT PROJECTS AS OF FEB 2009
Belaya Gora gold deposit Khabarovsk region TEO condicii (cut-off parameters
estimation) for Belaya Gora gold deposit Zabaikalgeologorazvedka JSC (Highland
Gold/Barrick Gold)
Nizhneyakokitskiy ore cluster Yakutia Republic The detailed design of heap leaching
operation at Nizhneyakokitskiy ore cluster (together with Geotehproekt LLC) Zoloto
Seligdara LLC
Mizek gold deposit Kazakhstan
Scoping study for choosing the best mining option of Mizek suphide gold ore reserves
Dank LLP (Kazakhmys PLC)
Klyuchevskoe gold deposit Zabaykalsky Territory
Reserves estimation for Klyuchevskoe hard rock gold deposit
Mining-geology agency LLC
Mangazeya ore field Yakutia Republic
TEO condicii (cut-off estimation study) for Vertikalny area of Mangazeya ore field
Prognoz JSC
Solur-Vostochnaya diamond placer Yakutia Republic TEO condicii (cut-off parameters
estimation) for Solur-Vostochnaya diamond placer Almazy Anabara
MAP LOCATED HERE: http://www.nblgold.com/en/our-projects/current-projects