Europe: Almalyk

SRK undertook a maiden JORC compliant MRE and PFS for the Almalyk mining and metallurgical complex in Uzbekistan. This state owned mine is one of the largest copper porphyry deposits in the world, currently processing 35 Mtpa of ore from two open pits. SRK designed and supervised a verification drilling program, and a multidisciplinary PFS that justified a production increase to 100 Mtpa. The MRE presented a resource of 17 billion tonnes containing 44 million tonnes of contained copper and 184 million ounces of gold, making the United Mine one of the largest gold deposits in the world. SRK also undertook an exploration program that identified 25 targets in the vicinity.