Kazakhmys is investing in the construction of mining and processing plants at Aydarly and Koksay deposits

TOOKazakhmys is investing around 2.1 trillion tenge in the construction of Mining and processing plants at Aydarly and Koksay copper deposits.

AO “Aydarly Project”, a subsidiary of “Kazakhmys”, is developing the eponymous deposit. The enterprise plans to launch the GOK at the deposit by 2027. The projected capacity of future production is 50 million tons of ore per year. The reserves of the Aydarly site are estimated at 5.87 million tons of copper ore (average metal content in ore – 0.38%), 14.1 tons of gold and about 2.2 thousand tons of silver.

Another deposit from the corporation’s assets is being developed by the subsidiary “Consolidated Mining and Construction Company”. The company plans to build a GOK at Koksay by 2026. The annual capacity of this plant should also be 50 million tons of ore. The Koksay deposit contains 3.5 million tons of copper ore (average metal content in ore – 0.42%), 64 tons of gold and 865 tons of silver.

According to the chairman of the board of “Kazakhmys” Nuraqmet Nuriyev, the company consulted with scientific and exploration organisations of the Republic of Kazakhstan, composing projects for future productions. This is due to the fact that the raw material base of the mine sites differs in low copper content in the ore.

“Kazakhmys” invited the “Russian Copper Company” to develop the projects as it has successful experience in the development of the Tominsk and Mikheevskoye deposits with low content in the ore.