Dvoinoye and Kupol Kinross Gold



trucks on ice road kupol mine in russia, 2013.


the dvoinoye underground gold mine acquired in 2010 through northern gold llc , ragionruda llc, , opened in 2013. ore mine processed @ kupol. gold production @ both mined equated total of approximately 734,000 gold equivalent ounces 2016. grade of reserves @ dvoinoye, 11.2 g/tonne, higher kinross other mines. in contrast, grade @ paracatu 0.4 g/tonne , grade @ tasiast 1.9 g/tonne. september northeast project near dvoinoye expected begin mining in 2017.


the kupol gold mine combination open-pit , underground gold mine, milling processing operation in chukotka autonomous okrug, in area mined in 1930s prisoners of gulag. bema gold corporation financed $425-million project through various international banks, agencies, , equipment companies, plus chukotka government. kinross acquired property (at time 75% of mine) through acquisition of bema gold, , subsidiary (chukotka mining & geological company) purchased remaining 25% government (via state unitary enterprise of chukotka autonomous okrug) in 2011.


at kupol, gold , silver occur native gold, gold-silver alloy electrum, acanthite silver-rich sulfosalts. dvoinoye, on other hand low sulfidation epithermal gold-silver vein deposit, , notably counts appreciable free gold in parts of deposit. ore minerals , sulfides in vein include freibergite, pyrite, chalcopyrite, galena, , sphalerite.


kinross expects commence mining @ moroshka in 2018 , have ore processed in kupol mill. moroshka located approximately 4 kilometers east of kupol , within kupol license area.


the mines expected close in 2021.








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