Kamchatka Gold is the leading gold producer in the Kamchatka region. In 2005, JSC “Kamgold”, part of Kamchatka Gold, first started production of ore gold in the region, by commissioning Aginskiy processing plant.
Kamchatka Gold through subsidiaries owns 9 licenses for 11 gold mines located in the Kamchatka region, with a total reserve base as at 30 June 2013 – more than 14 million troy ounces (over 440 tonnes) of gold.
The gold content in ore in the fields of Kamchatka Gold is from 9 to 25 g/t.
Today's strategic goals and objectives of Kamchatka Gold – are:
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continuous increase of the resource base through intensive exploration and improvement of the reserves quality;
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construction of the new modern production and processing facilities;
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integrated and complex development of transport and energy infrastructure;
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development of organization capacity and creating of new jobs in the region;
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environmental safety level increase;
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social responsibility policy.
Kamchtka Gold has more than 1200 employees.
One of the key strategic objectives of the business – the completion of the Ametistovoe processing plant with a capacity of more than 500 tons of ore per year.
To ensure long-term growth strategy, the company is engaged in the projecting and engineering of Baranevskoe processing plant and is actively developing perspective exploration projects Kumroch, Maletoyvayam and Vetrovayam.
One of the most important principles of the of Kamchatka Gold activity – the responsible processing of natural resources. The purpose of the environmental policy of the company is to provide the highest respect to the unique natural environment of the region and to develop enterprises in strict compliance with environmental standards.
Management of subsidiaries of Kamchatka Gold is represented by the Interminerals management Ltd., acting as the sole executive body for all the Group’s subsidiaries.
The development strategy of “Kamchatka Gold” is aimed to strengthen its positions in the Far East region and to enter in 2017 the top ten leading gold mining companies in Russia.
