Altyntau Kokshetau
| ISIN | 🆔 |
|---|---|
| Industry | Gold mining |
| Founded 📆 | 1998 |
| Founder 👔 | Kazzinc |
| Headquarters 🏙️ | , , Kazakhstan |
Area served 🗺️ | |
| Products 📟 | Gold |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Altyntau Kokshetau, (Altyntau), formerly known as Vasilkov Gold is a Kazakh gold mining company owned by Dutch firm Floodgate Holding B.V.. It is headquartered in Kokshetau. An open-cast mining and gold producing subsidiary. On average, Altyntau Kokshetau produces 15 tons of gold annually.[1]
It was the largest surface gold-producing mine in Kazakhstan, producing approximately 389.9 thousand ounces of gold and an estimated 8 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Altyntau Kokshetau Mine is owned by Glencore Plc, and is due to operate until 2030.
The site comprises a gold deposit and the Gold Recovery Plant commissioned in 2009. The innovative high-tech equipment manufactured in Canada, Australia, USA, Sweden, Finland, Germany, Italy and Russia is installed at the plant.[2][3][4]
Kazzinc engineered and pioneered a new combined process for refractory high-arsenic gold ore without generating Hazard Class 4 wastes. The ore is finely ground to 4 microns (smaller than a hair's breadth), which is the finest grinding in the world.[5]
Over the last eight years of operation, the output increased 2.5 times and metal recovery increased by one fifth hitting 75% in 2019.
The produced Dore alloy is sent to the Precious Metals Refinery, Ust-Kamenogorsk Metallurgical Complex.
Vasilkov Gold produced 844 kg of cathode gold in the first 11 months of 2005, down 1.6 percent from 858 kg in the same period in 2004.[6]
History
The company was founded in 1998.
Operations
The Company has mines in the following locations:
- Zerendy District, Akmola Region, 17 km the north of Kokshetau, Kazakhstan.
References
- ↑ "Altyntau Kokshetau". Retrieved 29 May 2023.
- ↑ "АО «Altyntau Kokshetau»". Archived from the original on 2019-03-18. Retrieved 2019-03-18.
- ↑ "Васильковский ГОК с 2013 года планирует начать строительство подземного рудника". Kazakhstan Today. Retrieved 2019-06-10.
- ↑ "АО «Altyntau Kokshetau»". Retrieved 2019-03-18.
- ↑ "President of JSC Vasilkov Mining-Processing Complex Alidar Utemuratov: "NEW GOLD RECOVERY MILL WILL ALLOW US TO TAKE A LEADING ROLE IN KAZAKHSTAN'S GOLD MARKETE"". Retrieved 2023-05-28. line feed character in
|title=at position 71 (help) - ↑ "Vasilkov Gold to up output 0.7% in 2005". Retrieved 2023-05-28.
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