A resident of Kamchatka PDA (Priority Development Area) will build a gold mining and processing plant at the Kumroch deposit
There is a plan to build a mining and processing plant (MPP) in 2026, the planned capacity being of up to 600,000 tons of ore.
Agreement on Implementation of Investment Activities in Kamchatka PDA was signed at the VII Eastern Economic Forum in Vladivostok between the Russian Far East and Arctic Development Corporation (ERDC) and JSC Bystrinskaya Mining Company (BMC).  The project provides for the construction of the first stage of a mining and processing plant (MPP) at the Kumroch deposit in the Ust-Kamchatsky Municipal District in Kamchatka PDA. After signing the agreement, the investor, having an official status of  Kamchatka PDA resident, will start construction of the MPP and development of the Kumroch deposit. The investor plans to employ 1,000 people. The MPP  start-up is scheduled for 2026.
According to the State Reserves Committee (GKZ), the reserves of the Kumroch deposit amount to 48 tons of gold. By 2026, the capacity of the Kumroch MPP will reach up to 600,000 tons of ore and up to 4 tons of gold per annum.  The project implementation phase, until 2036, will bring tax revenues amounting to about 13.4 billion rubles, partially going to the regional and local budgets.
Mr.Nikolay Zapryagaev, General Director of the Far East and Arctic Development Corporation, noted that Bystrinskaya Mining Company, being a resident of the PDA, will receive tax and administrative preferences, as well as infrastructure support for the project implementation period from the RF Ministry for the Far East and Arctic Development  and the Far East and the Arctic Development Corporation.
Nikolay Zapryagaev
General Director of the Far East and Arctic Development Corporation
Bystrinskaya Mining Company is the license-holder and the operator of the Kumroch project, one of the largest gold deposits in Kamchatka Krai. The orefield is located in the eastern part of the Kamchatka Peninsula in the Ust-Kamchatsky District, 50 km from the Kamchatka Bay. The distances to the nearest settlements are: Klyuchi — 100 km, Ust-Kamchatsk — 130 km, Petropavlovsk-Kamchatsky — 450 km. The Kumroch project presumes building of a state-of-the-art high-tech gold mining and processing plant in Kamchatka Krai by 2026. The ongoing project phase includes additional geological exploration to update reserves evaluation, as well as designing and engineering of infrastructure facilities. Atom Gold owns 75% minus 1 share of JSC Bystrinskaya Mining Company. In 2022 Bystrinskaya Mining Company became the major industrial partner of the production-and-training cluster in Kamchatka Krai as part of the federal project «Professionalitet». Specialists for mining industry will be trained on the basis of the Kamchatka Polytechnic Vocational School. Investments in the personnel training project in Kamchatka Krai will include the federal grant of 100 million rubles, 30 million rubles from the regional budget, 100 million rubles invested by Bystrinskaya Mining Company until 2024.

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