West Kytlim
World’s largest soft-rock PGM and Gold mineTargeting worlds lowest Carbon PGM ounces
Surface Platinum Group Minerals (‘PGM’) and Gold mine with a sustainability focus. Following construction of a power line to site and commissioning of an electric dragline during 2022 the mine site now runs on predominantly hydro-derived grid electricity.
PROJECT HIGHLIGHTS
Industrial scale production since 2018 – license to 2040
Simple, modular nature of processing makes expansion straightforward.
DFS approved in 2021 with expansion to three operating washplants.
Simple, low cost (cash cost below $400/oz) operations with a low environmental footprint - electrification of site completed during 2022.
Reserves & Resources
(Tipil and Project Flanks not included in the table)
4,477 Kg PGM in Russian B,C1,C2 categories (may, based on operational data, finally contain 6,402kg PGM)
Tipil license (24.5km²) and Flanks license (50.8km²) add further resources beyond current Life of Mine.
Total P1 district potential of 21.6 tons.
Russian Reserves Category |
Gravels, ‘000 m3 |
Raw PGM1, kg |
Native Free Au2, kg |
---|---|---|---|
В+С1 | 9,329 | 2,920 | 66 |
С2 | 4,430 | 1,557 | 10 |
В+С1+С2 | 13,760 | 4,477* | 76 |
Notes on the above:
*The Reserves and resources stated are the mineable reserves and resources of the project (while actual reserves at production are higher, please see the last point in the highlights above). Eurasia owns 68% at West Kytlim.
1 Raw PGM occurs as nuggets of iso-ferrum PGM containing platinum, palladium, iridium and rhodium as well as gold.
2 Further gold occurs as native gold nuggets which are also recovered separate to gold contained in iso-ferrum PGM nuggets.
Green Mining,
Green Metals,
Green Energy
Environmentally friendly mining of PGM at the world’s largest surface PGM mine.
Alluvial mining is a low cost, environmentally friendly and capital efficient mining solution.
Soft rock mining operations are rehabilitated at the end of each year. This reduced footprint mining method enables recovery within 5 to 10 years and with no remnant pit or tailing dumps (compared to 20 years + before rehabilitation on a standard mine).
Water is a key resource in soft rock mining and is managed carefully (in circulation). The mine tailings are ‘clean’ - a mix of clay, sand and gravel with PGMs removed throughout the process.
There is no blasting on site and no chemicals are used in the production process. This mining method integrates more readily with the local environment and community
- Limited use of reinforced concrete and asphalt around the mine site
- Mine buildings built mostly of timber milled on site
- Reducing CO2 emissions at site, and CO2/oz metal produced by switching to (hydro derived) electric power
Urals Mining history
Alluvial Platinum was first discovered in the Ural Mountains in 1824, since then the region has yielded in excess of 500 tonnes of platinum mined from a number of placer fields, the largest of which is estimated to have produced more than 240 tonnes. The fields comprise natural, gravity-driven economic concentrations of platinum and very minor gold formed in stream and river sediments eroded and drained from platinum bearing ultramafic complexes.
Placers of this type are attractive development targets owing to their often high concentrations of platinum and PGM and relatively low-tech and low cost mining and processing requirements.