www.frontiermining.com
Frontier Mining Ltd is a mineral exploration and development Company focussed on gold and copper deposits in the Republic of Kazakhstan. Through its subsidiaries and affiliates, Frontier locates, evaluates, acquires, explores and develops mineral properties. Frontier currently operates two licenses in Kazakhstan, Naimanjal (100% owned) and Benkala (50% owned). Naimanjal operations currently consist of five projects; a producing gold mine, a test stage gold production project, a potential copper porphyry deposit with associated gold and molybdenum, and copper/gold prospects along a 25km trend including both VMS and porphyry types. Benkala is a copper-molybdenum-gold deposit located in north-western Kazakhstan, within the Urals gold/copper ore belt.
Frontier Mining receives approvals and permits for Benkala copper plant
Frontier Mining (LON:FML) told investors that it can now commission all the equipment in the plant at the Benkala copper mine development.
This morning the company reported that all construction approvals and permits have now been received. It will now commission all the equipment on site.
“This represents for Frontier the completion of another key milestone in the Benkala project timeline,” said chief executive Erlan Sagadiev.
“Progress at the site continues at pace as we enter the next stage of commissioning prior to the commencement of production."
Earlier this month Frontier unveiled a new US$29 million financing arrangement that will help support the development of the Benkala mine.
Once the mine is established Frontier plans to expand production, taking it from 7,000 to 10,000 tonnes a year, and later expanding to 20,000 tonnes a year.
