Molybdenum project

Private Kazakh company that holds subsoil use rights for Shalgiya molybdenum deposit in Karaganda region. The subsoil use license was received on 2006 for the period of 25 years + 5 years for additional exploration works. 

The deposit was first discovered in 1947 and initial studies were carried during 1948 - 1951. The reserves were confirmed by All Union reserves committee In 1955. For many years Shalgiya was considered as State’s military reserve deposit. 

 
Reserves as of 2005 (Reserves State Committee of RK)
 
  B C1 C2 Off - balance
Ore, 000 tons 5586 33367 16469 638
Cut off grade 0.129 0.108 0.113 0.057
Molybdenym, tons 7184 35866 18559 366

Reserves Associated minerals as of 2007

 

Categories B+C1 (tons) C2 (tons)
Selenium 4.4 1.9
Tellurium 7.8 3.3
Rhenium 2.7 1.2

 

Associated recovery of tungsten, tin and copper is possible with content amounting to 0.015 %, 0.05 %, 0.03% accordingly.

Total area of geological allotment is 81.7 sq.m. The deposit has access to road, railways and electricity lines.  

 

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