General details of the project
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Initiator of the project |
Fund for Regional Development of the Republic of Buryatia |
|
Сontact person |
Botoev Konstantin Petrovich |
|
Post |
Project manager in mineral resources sector |
|
Telephone |
(3012) 45-50-46 |
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Fax |
(3012) 45-50-46 |
|
|
|
|
Web-site |
invest-buryatia.ru |
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Address of the site |
Republic of Buryatia, Muyskiy District |
Basic details of the project
Mokhovoe tin deposit is located in the Muyskiy district of the Republic of Buryatia and is located 115 kilometers from the railway station Taksimo (BAM), with n. Taksimo connected by road class 3 (Taksimo - Irokinda) - 70 km and further technological road.
The deposit is represented by the 10th tubular and 2 lenticular bodies of magnetite-feldspar metasomatic rocks with cassiterite-chalcopyrite and magnetite-hematite mineralization. Ore composition essentially microcline. On the deposit is still at least 20 untested anomalies looking at identifying new ore bodies, in addition, given that the small size of the ore bodies, magnetic ore bodies identified to a depth of 50-60 m (maximum), the deposit can be "blind" body. Ore deposits of cassiterite-quartz. Deposit reserves refers to the average. Method of mining - open.
Enterprise construction period - 3 years. Entering the mine into operation is planned for the second year after the start of construction. The yield on a full design capacity is planned in 6 years after the beginning of deposit (as in passport of the investment project).
The reserves of deposit are approved by minutes SCC 1995 №124: ore C2 -1,105 thousand. Tons, tin -12.66 thousand tons at 1.15% content.
Resource potential:
Ore P1 - 1105 thousand. t
Tin - 12.66 thousand tons;
Ore P2 -308.5 thousand tons
Tin -5.53 thousand. tons.
Specific production costs for production of 1 ton of ore according to OOO "Vostokolovo" are 367 rubles. Specific unit costs of processing 1 ton of ore according to PF "Dal'olovo" are 1281 rubles.
The price of tin concentrate is done at the level of 34.7 thousand. rub. / t. based on the average cost of tin on the London Metal Exchange in the period of settlement and the metal content in the commercial product.
The main technical and economic indicators and the results of the valuation of this deposit are shown in Table. 1.
Table. 1.
Technical and economic indicators of the Mokhovoe deposit (Calculation 2011)
|
Data |
Units of measure |
Version |
|
|
Basic |
IRR 20% |
||
|
Geological ore reserves (reduced to the category С1) |
ths. tons |
866 |
866 |
|
The average content of tin in geological ore reserves |
% |
1,15 |
1,15 |
|
Losses by the ore mining |
% |
5,1 |
5,1 |
|
Ore dilution by the mining |
% |
11,3 |
11,3 |
|
Operational ore reserves |
ths. tons |
926 |
926 |
|
The average content of tin in the operational ore reserves: |
% |
1,02 |
1,02 |
|
Production enterprise capacity for ore mining |
ths. tons / year |
300 |
300 |
|
Period of provision of operational reserves for enterprise |
year |
3 |
3 |
|
Period construction |
year |
3 |
3 |
|
Period calculation |
year |
8 |
8 |
|
Commercial production enterprise in volume terms: |
|
|
|
|
- Tin concentrate |
ths. tons |
78 |
78 |
|
Price of tin concentrate |
thous. rub. / t. |
34,7 |
36,3 |
|
Cost of commercial production |
million rub. |
2 691 |
2 814 |
|
Сapital investments |
million rub. |
450 |
450 |
|
Operational costs |
million rub. |
2 191 |
2 201 |
|
Specific production costs per ton of ore |
rub. / t. |
1648 |
1648 |
|
Tax revenues |
million rub. |
514 |
546 |
|
Net present value (NPV) |
million rub. |
94 |
153 |
|
Profitability index (PI) |
units |
1,2 |
1,4 |
|
Capital investments payback period |
year |
7,5 |
7,2 |
|
Internal rate of return |
% |
16,4 |
20,0 |
|
Discounted revenue |
million rub. |
1 755 |
1 836 |
|
State NPV |
million rub. |
308 |
314 |
|
The fraction of state NPV in the discounted revenue |
% |
17,5 |
17,1 |
|
The value of differential rent |
million rub. |
82 |
156 |
|
The value of absolute rent (MET) |
million rub. |
215 |
225 |
|
The value of mining rent |
million rub. |
297 |
381 |
|
The fraction of mining rent in the recoverable value |
% |
16,9 |
20,8 |
|
Cadastral value - return of the deposit
|
million rub. |
531 |
617 |
Explanatory note
The Fund for Regional Development of the Republic of Buryatia is an organization authorized by the Government of the Republic of Buryatia in the field of application of government investment policy seeking to attract investments to the economy of the Republic, create favorable conditions for investors and business, and reduce the administrative barriers.
To create favorable conditions for investors the RB RDF provides support of investment project in the "One window" format, in other words provides for an investor the solution to all issues of cooperation with organizations, authorities and departments ranging from the processing of documents for a land and ending with the issuance of a building permission.