Uranium, Russia Metals and Mining
Mining division of Rosatom state corporation Atomredmetzoloto JSC (Uranium Holding ARMZ) is in talks with a number of companies, including the gold mining company PJSC GV Gold, on the possibility o
JSC Hiagda (in the structure of the uranium holding Aomredmetzoloto of Rosatom) has started the development of the Vershinnoe deposit in the Evenky district of Buryatia.
In 2016 Rosatom extracted 7.9 thousand tons of uranium, including extraction overseas.
Uranium extraction overseas made up 4.9 thousand tons in 2016.
Rosatom, which in the 2000s monopolized the entire uranium production in Russia, is ready to invite investors in their uranium projects.
Uranium One Inc., which is a member of the international mining division of Rosatom Uranium One, has won an international tender for the supply of about 400 tons of natural uranium to the Brazilian
In 2017, Khiagda (a part of Rosatom Atomredmetzoloto) plans to increase the volume of the production to 663 tons of uranium.
Atomredmetzoloto (ARMZ) plans to start the gold production in the Elkon uranium ore district of Yakutia, stated general director of Elkon mining and metallurgical plant, which is a part of the hold
In 2015, uranium holding company of Rosatom Uranium One, owning foreign assets, was able to make the profit of $110 million. The company connects the growth of the profitability with new foreign contracts, and the production costs decreased to $12 per pound of natural uranium. The holding company got rid of unprofitable assets in the United States and Australia, but as the company, as the market recognize that one of the positive factors was the devaluation of the Kazakh tenge - the main assets of Uranium One with low prime cost are located in Kazakhstan.
In 2015, Uranium One (U1, manages the foreign uranium assets of Rosatom) increased its revenue by 37% to $740 million, the management accounting shows. The company connects this with the increase in the share of foreign revenues by 13% to $243 million. This was contributed by new contracts with foreign customers outside the contour of Rosatom, the holding company comments on to the Kommersant. EBITDA of U1 grew by 20% to $294 million, the net profit of the company was $110 million against the net loss of $284 million in 2014. In 2016, the company expects the EBITDA growth.
Uranium mining enterprise of the state corporation Rosatom Dalur (Kurgan region) plans to begin exploration of the Dobrovolskoye deposit of uranium in 2017, and to launch it in 2025; during the uranium mining at the deposit the payments to the budget and off-budget funds will amount to about 30 billion rubles, the press centre of the uranium holding company Atomredmetzoloto reports.
Now Dalur develops the Dalmatovskoye (Dalmatovsky district) and Khokhlovskoye (Shumikhinsky district) deposits in the Kurgan region by environmentally friendly way of drillhole in situ leaching. The Dobrovolskoye deposit in the Zverinogolovsky district with reserves of 7067 tons is the third large uranium deposit in the region.
In 2015, the Uranium production in the Kurgan region, according to preliminary results, increased by 2% to 590.1 tons, reports the press centre of the uranium mining company Dalur (holding company is Atomredmetzoloto).
"The production plan of Dalur in 2015 was 100.02% fulfilled. The plan for 2016 will amount to 591 tons of uranium. This requires the opening of new reserves, so the construction of 321 wells at the Khokhlovskoye and Dalmatovskoye deposits is planned. In 2015, 205 wells were built,"- the press centre informs.