Business

Seki Fully Operational

Seki Fully Operational.

articleAltyngold PlcMay 1, 20085/company/altyngold-plc/news/seki-fully-operational
Seki Fully Operational

About this update from Altyngold Plc

[{"type":"text","content":"\n Hambledon Mining PLC\n01 May 2008\n\n HAMBLEDON MINING PLC\n (AIM: HMB)\n\n Sekisovskoye Fully Operational\n\nHambledon Mining plc ('Hambledon' or the 'Group' or the 'Company'), the\nAIM-listed gold mining and processing company operating in Kazakhstan, is\npleased to report that Sekisovskoye is now producing gold.\n\nSince the resumption of operations last week, 26.7 kilogrammes of dore have been\npoured at Sekisovskoye. Following assaying, the dore, together with about 6\nkilogrammes that had been poured previously, will be shipped to Almaty and from\nthere to Europe for refining and sale.\n\nFollowing an inspection of the mine and process plant by a government committee\ncomprised of the various environmental, safety, design and other departments\ninvolved, official approval of completion has been granted. This means that the\nformal commissioning period is now over and regular production has commenced.\n\n\nNick Bridgen, Chief Executive of Hambledon, said:\n\n'I would like to thank the team at Sekisovskoye for having done a magnificent\njob in getting the plant back up and running and approved by the authorities.'\n\n 1 May 2008\n\nEnquiries\n\nHambledon Mining plc Telephone: +44 7791 327 180\nNick Bridgen\n\nBankside Consultants Telephone: +44 20 7367 8888\nMichael Padley / Louise Davis\n\nSeymour Pierce Telephone: +44 20 7107 8000\nNicola Marrin\n\n\nNote to editors\n\nHambledon Mining plc is an AIM-listed gold mining and exploration company, which\nis operating the Sekisovskoye gold mine and the Ognevka processing plant, both\nof which are close to Ust Kamenogorsk in East Kazakhstan.\n\nAt Sekisovskoye, the Company is mining from an open pit and has constructed an\n850,000 tonnes per year treatment plant. Production from the open pit will\naverage over 40,000 ounces per annum. As soon as steady production has been\nachieved, the Company plans to develop the much larger underground resource that\nis expected to lead to a combined production rate of around 100,000 ounces per\nyear.\n\nThe Ognevka processing plant is producing concentrates containing gold, silver,\ncopper, iron and coke from the re-treatment of zinc smelter residues.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2568,"tagName":"div"}]

More updates from Altyngold Plc