Glavgosexpertiza of the Russian Federation has approved a quarry project for the development of the western part of the Zvonkoye coal deposit in Chukotka, the license for which is owned by Beringpromugol LLC (a subsidiary of the Australian Tigers Realm Coal Limited, TIG), the agency said.
At first, mining will be carried out within the boundaries of the Western operational block of the site. Decisions for the Eastern bloc will be considered separately, the press service emphasizes.
“The quarry excavation of the Western block will amount to 54.6 hectares, the production volume will be 650 thousand tons of coal per year. Taking into account the volume of industrial reserves of the block and the design capacity of the section, the service life of the enterprise will be 4 years. This time should be enough to formalize the rest of the lands within the boundaries of mining within the Eastern Operational Block and develop project documentation, ”explained Sergey Alin, chief project expert from the complex examination department of the Krasnoyarsk branch of Glavgosexpertiza, whose words are given in the message.
The Zvonkoye deposit is located near the Fandyushkinskoye field, which is mined by Beringpromugol. The company expects to bring the new open pit to its design capacity in 2023, which will significantly increase the volume of coal production. In 2021, Beringpromugol produced 1.25 million tons of coal, it was previously reported.
Later, the construction of an enrichment plant is planned on Zvonkom.
Tigers Realm Coal has been developing the Amaam deposit in the Bering coal basin in Chukotka since 2012. As part of the project, the West and Levoberezhny license areas are being developed, the latter being located in Northern Amaam. It was from him that the company began the development of the project, having discovered the Fandyushkinskoye field field. Mining here began in December 2016.
According to the TIG website, the company continues to own Russian assets. The holder of 100% in Beringpromugol LLC, according to the extract from the Unified State Register of Legal Entities dated July 1, 2022, is the Cypriot Rosmiro Investments Limited.