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334:). The nearest town is 220 kilometres (140 mi) away. The mine employs 1,200 workers; those who reside in the far east of Russia work on a four-weeks-on, four-weeks-off schedule, while those who live farther away have a six-weeks-on, four-weeks-off rotation. Worker salaries are 25 percent above the regional average. The $ 40 million workers camp includes a full-size gym, sports hall, pool tables, music room, library, prayer room, televisions, and video library. An enclosed, 900-metre (3,000 ft) tunnel, dubbed the "Arctic Corridor", allows workers to travel between the camp and the mine without exposure to the cold during winter.
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359:. Kinross rebuilds this road each year between November and January, with construction requiring a temperature of −25 °C (−13 °F) or less. Equipment, supplies, and fuel which will be needed during the winter months must be ordered two years in advance and shipped to Pevek, which is open only during the summer for three months. In 2008, the winter road accommodated 1,944 truck trips for the delivery of 3,000 container units, 60,000 tonnes of supplies, and 25,000 tonnes of
306:, and others. Bema Gold's corporate office loaned the remaining $ 25 million. In addition to the loans, the government of Chukotka Autonomous Okrug provided an additional $ 18 million to support construction. In 2007, Kinross purchased a 75% stake in the mine with its acquisition of Bema Gold; the remaining 25% ownership came in 2011 through a purchase of one of Kinross' subsidiary companies. The mine began producing its first gold ore in 2008.
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Sixty percent of the gold, which is mined for doré bars, is mined underground. In deeper parts of the mine, skilled operators maneuver drill rigs by remote control. This avoids the need for miners to work long hours beneath areas vulnerable to rock falls.
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As of 2011, the Kupol Gold Mine had produced 2 million ounces of gold and more than 20 million ounces of silver since 2008. In 2010, mine owners estimated that the mine could yield up to 2.5 million ounces of gold and 31.6 million ounces of silver.
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Development of the mine began in 2005 on a property owned by the Bema Gold
Corporation. Bema Gold financed construction through a series of loans totaling $ 425 million.
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provided $ 250 million, and $ 150 million was provided by an international consortium made up of
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Between
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In 2011 Kinross purchased the remainder of Kupol, the 2010 figure is
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Kinross began mining and stockpiling ore in 2008, but did not produce any gold until 2008.
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in the
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496:. Canadian Mining Journal. 1 June 2009
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715:Economy of Chukotka Autonomous Okrug
465:"Kupol Gold and Silver Mine, Russia"
28:Northern view of the Kupol Gold Mine
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383:located 12 km North from it.
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528:Paxton, Robin (11 August 2009).
64:Location of Kupol Knox Gold Mine
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467:. Mining-Technology.com
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126:66.78333°N 169.55000°E
379:The mine is serviced
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710:Gold mines in Russia
369:fixed-wing aircraft
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244:Bilibinsky District
209:Year of acquisition
131:66.78333; 169.55000
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534:. Retrieved
498:. Retrieved
469:. Retrieved
444:. Retrieved
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268:Kinross Gold
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193:Kinross Gold
179:2007–present
471:2 September
361:diesel fuel
353:winter road
310:Description
296:Caterpillar
256:Anyuy Range
226:underground
203:kinross.com
129: /
105:Coordinates
704:Categories
500:9 December
421:References
365:helicopter
332:Soviet era
147:Production
142:Production
117:169°33′0″E
680:Maricunga
628:Fort Knox
536:28 August
532:. Reuters
446:27 August
342:Transport
328:prisoners
260:doré bars
114:66°47′0″N
685:Paracatu
675:La Coipa
654:Dvoinoye
375:Aviation
230:open pit
73:Location
34:Location
623:DeLamar
607:Tasiast
602:Chirano
282:History
272:Russian
264:Toronto
246:of the
199:Website
189:Company
163:History
150:554,008
95:Country
670:Crixás
595:Africa
387:Output
266:based
252:Russia
237:silver
176:Active
168:Opened
99:Russia
649:Kupol
587:Mines
396:Notes
357:Pevek
276:купол
212:2007
184:Owner
58:Kupol
17:Kupol
642:Asia
538:2011
502:2011
473:2011
448:2011
367:and
347:Road
290:and
240:mine
235:and
233:gold
228:and
171:2007
158:2010
250:of
214:KGC
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
