International project experience can be provided separately upon request
Belarus
Consultations were arranged for participation in the hearing at Stockholm court (stages 8 and 9), Belgorkhimprom vs. Turkmenhimiya case; a presentation was produced; and options of adversary interrogations were considered. The Consultant participated in cross-examination and was involved in development of the final statement
Armenia
The financial model was reviewed to assess validity of the mine strategy targets and achievement of the target production capacity
Armenia
In the course of work the Consultant audited the operating mine, provided recommendations on technological improvements, developed the studies programme and produced the draft concentrator upgrade plan
Namibia, Africa
The work included review of the available geological information to check its reliability, representivity and compliance with international standards. The undertaken environmental studies, mining restrictions and the proposed processing technique were also reviewed
Islamic Republic of Iran
A comprehensive review of the mine’s performance was conducted in the course of work, conclusions were drawn, and recommendations were provided. At the Client’s request, the ore processing technique was analysed in detail, the current technique was compared against ore processing targets, and alternative processing methods were suggested
Armenia
A comprehensive technical and economic analysis of production processes was carried out. There were conclusions and recommendations made aimed at increase in the GOK’s data digitalization efficiency and level
Middle East
A comprehensive technical and economic review of the company’s performance was undertaken. The work focused on ore processing techniques, improvement of feed and saleable products quality. The Consultant assessed the mining risks, technical, technological and economic factors
Kazakhstan, Africa
The assignment involved a review of all aspects of the enterprise operation in terms of resources, planning reliability and the risks associated with fulfilment of technical and economic indicators. The assignment findings were used for preparation of a report and a presentation. The risks identified were shown in a Red Flag format. Conclusions were provided on all aspects of the project development
Uzbekistan
The work included a quality review of the geological exploration performed at Yangikazan site, an assessment of correctness in accounting of the geological data obtained, development of recommendations on geological exploration, and preparation of a statement on possibility to further use of the obtained exploration results
Kazakhstan
IMC Montan reviewed geological exploration data, and the results of oxidised and sulphide ore processing tests. Wireframe and block models of ore bodies were created, and reports on valuation and classification of mineral resources in compliance with the JORC and KAZRC Codes were produced
Uzbekistan
The Consultant considered a preliminary plan of the enterprise development. A number of recommendations was prepared to increase the detail level of the study and to carry out further studies at a Pre-feasibility Study and a Feasibility Study levels
Kazakhstan
The Consultant reviewed all aspects of the company's operation, and adjusted the planned indicators as required. There were key areas identified to improve development efficiency of reserves, including marketing and technical re-equipment issues
Oman
The work included a review of the provided information and preparation of an expert statement on geology, mining, processing and environmental aspects of the project, including compliance with the laws of Oman. The expert prepared a statement on the project’s viability and probable risks
Kazakhstan
The work included a review of the technical studies, undertaken recently, permits and design documents, and adjustment of the relevant sections of the report in view of the updated information
Kazakhstan
The Consultant reviewed the resource base and prepared an expert statement on the project feasibility and risks
Kazakhstan
At the request of AO “Tin One Mining”, the Consultant analysed the investment project design documentation, advisability of using technical, process and other parameters for the project realisation, made economic assessment of the project budget. Special attention was paid to investment risk assessment. The study findings were provided as conclusions on each of the investment project aspects analysed
Kazakhstan
The 3D resource model of the Akzhalskoye lead-zinc ore deposit was produced to estimate Zn, Pb, Ag and Cd resources. 3D wireframes of ore zones and the block model were built
Armenia
For the subsequent digitalization of the mining and processing complex (GOK), a review of the production development system and the equipment and technology used was carried out, including the planning and modeling systems and a decision-making process of the company. Recommendations on the development of digital technologies and measures to improve the planning and work efficiency were provided
Australia
On request of the potential investor, the audit of coal deposits in Australia being prepared for commercial development was carried out. The report was based on the available resource estimates, permits, licences, and geological records
Kazakhstan
The work included a review of the technical studies, undertaken recently, permits and design documents, and adjustment of the relevant sections of the report in view of the updated information
Oman
The work included a review of the provided information and preparation of an expert statement on geology, mining, processing and environmental aspects of the project, including compliance with the laws of Oman. The expert prepared a statement on the project’s viability and probable risks
Kazakhstan
The 3D resource model of the Akzhalskoye lead-zinc ore deposit was produced to estimate Zn, Pb, Ag and Cd resources. 3D wireframes of ore zones and the block model were built
Armenia
For the subsequent digitalization of the mining and processing complex (GOK), a review of the production development system and the equipment and technology used was carried out, including the planning and modeling systems and a decision-making process of the company. Recommendations on the development of digital technologies and measures to improve the planning and work efficiency were provided
Kazakhstan
The work included a review of the investment project with the focus on risk analysis. Conclusions were provided on the project development level, reasonableness of the estimated project costs, and feasibility
Kazakhstan
The Consultant reviewed the resource base and prepared an expert statement on the project feasibility and risks
Kazakhstan
At the request of AO “Tin One Mining”, the Consultant analysed the investment project design documentation, advisability of using technical, process and other parameters for the project realisation, made economic assessment of the project budget. Special attention was paid to investment risk assessment. The study findings were provided as conclusions on each of the investment project aspects analysed
Armenia
IMC Montan considered development prospects of Amulsar gold ore deposit, studied options for selective mining of high-grade ores, assessed the Project status and capital costs, analysed company’s development options, outlined main risks. Also, key environmental risks were assessed, including water management and ARD, substantial social aspects were identified
Armenia
Kazakhstan
A team of experts made a comprehensive assessment of the current status and development plans of the Group enterprises. The assessment included all key aspects of the enterprise activities. Based on the analysis carried out, conclusion on each section including main risks were made
Kazakhstan
The work was carried out at the request of Eurasian Development Bank. An integrated report consisting of a technical Due Diligence for the proposed technical solutions was made on behalf of the Client. Consultants suggested alternative scenarios for development of some operational processes. IMC Montan also carried out a mineral resource and reserve evaluation in compliance with the JORC code requirements (2012 edition), an economic model of the investment project was prepared
Kyrgyzstan
IMC Montan conducted a technical and economic audit of the project including: substantiation of the adopted deposit mining solutions, processing technologies, equipment used, identification of reasons for TEO update, аn audit of expenditures for MMC construction, etc
Spain
The main objective of the audit carried out for the company Lia Oil S.A. was to assess environmental risks and economic viability of pyrite cinder processing on the basis of provided documentation, conduct a marketing study of red pigment and ammonium sulphate market, review conditions of the national subsidy programme for operations manufacturing products from pyrite cinder
Kazakhstan
On request of Russian Copper Company Ltd., IMC experts developed the comprehensive statement on the TEO of evaluation parameters and reserves estimation, and on the 3D geological model of the copper and gold ore deposit located in the Republic of Kazakhstan. The statement contains the review of permits relevant to the deposit. Conclusions on quality of primary data and on objectivity of outputs were made. The open pit was optimised as recommended
Kazakhstan
On request of TOO “Expoengineering”, IMC Montan agreed upon the geological exploration programme, monitored and assessed quality of the on-going geological exploration, verified the historical data, assessed reliability and representivity of the results, as well as potential use of the available data for geological modelling and valuation of resources and reserves in compliance with the JORC Code
Kazakhstan
On the request of TOO Transkomir, IMC Montan carried out an assessment of raw materials potential in a surface mining site situated within former mining areas of underground mines Nos. 3, 3bis, 17 and 26. The work involved analysis of the following aspects: reliability of previous evaluations of geological reserves of subsoil minerals; remaining geological reserves in situ; and technical possibility to development of reserves using surface mining method. There was no economic feasibility for extraction of the reserves included into the scope of work. However, during a risk analysis, IMC Montan covered certain issues related to economic prospects for development of the subsoil reserves
Belarus
On request of IOOO Slavkali, a Prefeasibility study report for development of Smolovsky site of the Starobinskoye potash deposit was prepared by IMC Montan. The work objective was to improve capitalization of the company by reducing risks of the deposit development and evaluate all economically recoverable reserves under the JORC Code assigning the highest category. As a result of the work undertaken, IMC Montan designed all technical and technological parameters of future mining-and-processing complex (GOK), including: access of the deposit; production plan of mining and development work; calculations of mine ventilation and air distribution in roadways; detail calculations of vertical shaft winders; review of the main production equipment required; cost assessment based on the estimated needs of the mine and processing plant; development of a cash flow forecast model taking account of new parameters, and a sensitivity test of the model to changes in planned indicators. IMC Montan prepared recommendations on reduction of capital and operating costs and increase of the production efficiency, based on all the operational aspects examined
Kazakhstan
IMC Montan carried out 3D geological modelling of chrome deposits for JSC TNK Kazkhrom (Kazakhstan). At the request of JSC DGOK and JSC TNK Kazhhrom, members of Eurasian Natural Resources Corporation Plc Group, one of the largest alliances in mining and mineral processing field (included in FTSE 100), IMC Montan have developed block models of deposits of deep mines: “Ten Years of Independence of Kazakhstan" and Molodyozhnaya. The Client has used Geomiks geo-information system for data storage and recording. In order to improve the efficiency of mining operations and accuracy of production planning, it was required developing the block models using modern software (Surpac, Datamine, Micromine), in accordance with international standards of modelling. The work resulted in development of block models for the following deposits: Millionnoye, Almaz-Zhemchuzhnoye, Pervomayskoye, No.21 (Mine “Ten Years of Independence of Kazakhstan”), and “40 Years of KazSSR-Molodyozhnaya” (Mine Molodyoznaya)
Kazakhstan
The work was undertaken on request of YILDIRIM Group. IMC Montan reviewed the provided 3D model and input data, made necessary adjustments and corrections in the database, wireframe and block models, and re-estimated resources and reserves in compliance with the 2012 JORC Code, based on the updated model. The report was used for taking a decision on investment by the European Bank for Reconstruction and Development (EBRD) and UniCredit group
Kazakhstan
On request of the Turkish client, IMC estimated the resources and reserves of the deposit in compliance with the 2012 JORC Code. In the course of work, the geological, mining and environmental aspects of the operation were reviewed. The economic model was produced, and the economic evaluation of the operation was undertaken
Belarus
The Starobinskoe and Petrikovskoe potash resources and reserves were evaluated under the JORC Code (2012) at the request of OAO “Belaruskali”. Carrying out the assignment, IMC Montan studied all aspects of the company operations (6 underground mines with a total production up to 50 Mtpa and 4 processing plants), made audits of the Petrikovsky GOK and the Darasinsky mine construction projects, including analysis of mining and geological conditions, reserves, conditions and availability of the principal equipment and infrastructure facilities, long-term programme of investments into the operations maintenance and development
Kazakhstan
IMC Montan reviewed a cash flow model developed by Wardell Armstrong International and made amendments related to the specifics of GOK operations in Kazakhstan. All technical and economic aspects of the project were analyzed and recommendations made to improve indicators
Batken Oblast, Kyrgyzstan
On request of Independent Oil and Gas Company, the pre-scoping study of development of Aprelskoye gold deposit and Karachoklinskaya licence area was undertaken in the Republic of Kyrgyzstan. In the course of the work, the preliminary estimation of resources and mineable reserves of the licence areas was carried out, the mine construction options were reviewed (from the viewpoint of selection of the optimal production capacity, reserves access and extraction), the processing, marketing and environmental issues were studied. Based on the undertaken work results, profitability of underground and open mining was proved for some areas only
Belarus
At the request of the state-owned enterprise of the Republic of Belarus “Research and Production Centre for Geology” IMC Montan conducted QC/QA of geological exploration followed by evaluation of the Smolovsky JORC-compliant resources at Starobinsky potash deposit (IOOO Slavkaly). In the course of the job IMC Montan made quarterly visits to drilling sites, a core shed, analytical laboratories and other services involved in order to control observation of all international standards in performing the work, and, where appropriate, IMC Montan made recommendations to comply
Kazakhstan
On request of Tau-Ken Samruk, the technical due diligence of the production facilities, machinery, equipment and infrastructure was undertaken. The main tasks included the inspection of the company’s assets, data preparation, review of the production, technical, technological and environmental aspects of the company. The work resulted in the expert statements on the mining method and reserves, the ongoing ore studies, suitability of the proposed technology, and the feasibility of capital expenditures
Kazakhstan
On request of Tau-Ken Samruk, IMC Montan prepared the business plan for Shalkiya polymetallic ore deposit development in Kyzylorda Oblast, Republic of Kazakhstan, and construction of the concentrator. The detail level of the report meets the Scoping Study requirements. The goal was to make an expert statement on the project viability from the economic, production and technical viewpoints
Kazakhstan
At the request of AO “Samruk-Energo” the current status and prospects for the surface mine development were assessed. In the course of the assignment implementation mining, geological and technological aspects were analyzed, the current conditions of the main technological equipment, basic infrastructure, processing, preparation and in-situ gasification capabilities, environmental factors impacting the production processes were assessed. Prospects for the surface mine development were reviewed. The analysis carried out demonstrate that organization and technical measures, improvements in planning and reporting system and mining equipment renovation may result in production build-up
Kazakhstan
On request of Kokshetau-Kaolin (Kazakhstan), the Scoping Study of the kaolin mining and processing facilities construction at Alekseyevskoye deposit was undertaken. The report addresses the key aspects of resumption of kaolin mining and processing operations at the deposit in detail. The report focuses on the review and preliminary estimation of the deposit reserves and mining operations. The detailed review of potential sale markets was made, and the economic model was built to assess the cost effectiveness and select the optimal development option
Kyrgyzstan
At the request of “Highland Gold” a Mineral Resource Report of the Unkurtash Gold Project incorporating the deposits of Karatyube, Sarytuybe and Unkurtash proper was updated. Further exploration carried out by “Highland Gold” ensured higher level of geological knowledge of the Unkurtash deposit, detailing of ore zone morphology, characteristics of ore quality and tonnages. It was recommended that the Report with the deposit reserve estimation should be submitted to the GKZ of Kyrgyzstan and a Pre-Feasibility Study for economic viability of the Unkurtash project reserve mining and processing should be prepared
Belarus
On behalf of IOOO Slavkaly, IMC Montan experts carried out potassium resources and reserves evaluation of Vostochny part of Nezhinsky area in the Starobinskoye deposit in accordance with the JORC Code. During the work experts reviewed geological data and mining-technical justifications of mining, and considered in detail the ore processing issues, as well as examined environmental risks associated with development of the given deposit; prepared production-and-economic model and conducted an economic assessment of the company
Kazakhstan
On behalf of one of the potential international investors, IMC Montan conducted Due Diligence for assets of a major titanium-ilmenite ores producer in Kazakhstan. The work included also assessment of production costs, a unit cost of production, and calculation of cash flows. In addition to the work under the resource evaluation, IMC Montan experts have prepared recommendations and identified risks during their audit of production and economic aspects
Kazakhstan
On request of Voskhod Oriel (Mechel Group), IMC Montan evaluated the resources and reserves of chrome ore deposits in compliance with the JORC standards. The geological, mining, engineering and environmental aspects of the operation were reviewed in the course of the work. The potential reserve increase was estimated, and chrome mining and processing capacities were assessed. The production and economic model was developed, and the economic assessment was made
Georgia
IMC Montan assessed the current status of the mining and processing complex (GOK) at the Madneuli and Sakdrisi gold-copper deposits. In the course of the assignment implementation mining operations, ore production and processing were analyzed, expert judgment of the available reserves and resource base was given, conclusions and recommendations for each aspect of the GOK operations were prepared
Armenia
Due Diligence of the Dastakert copper-molybdenum and Lichkvaz-Teya gold deposits’ documentation was carried out at the request of Molibdeny Ashkhar Company. IMC Montan analyzed the presented documentation, projects, plans, analytical data and recommendations in the main work aspects with a view of development of Feasibility Study for construction of Dastakert GOK
Finland
On behalf of Trading House Soyuz, IMC Montan specialists have visited the deposit site and reviewed geological exploration carried out, drilling techniques, ore mining and processing methods, and the resource base, in the course of the report writing. As well as specialists have analysed potentials for conversion of the available beneficiation plant, carried out calculations of costs and indentified the project’s payback period. The work resulted in preparation of the expert statement on efficiency and prospects for development of each mine
Kyrgyzstan
At the request of Highland Gold the deposits’ resources were estimated in compliance with the JORC Code. IMC Montan verified the geological data of the deposit, made random check of the reserve estimates approved by the Kyrgyzian GKZ, carried out geological modeling of the deposit and estimated mineral resources. Recommendations for further exploration of the deposits and their preparation for commercial development were made. In addition, optimization of open-pits at the deposits was accomplished based on the models
Kazakhstan
At the request of Kazakhmys Plc, IMC carried out Due Diligence of the assets and prepared Expert’s Report. The work done is the major component for IPO preparation. In June 2011 Kazakhmys Plc was successfully listed with Hong-Kong Stock Exchange (HKSE)
Kazakhstan
At the request of TOO “TPK “BAS” Pre-Feasibility Study for construction and operation of Abayskaya-Naklonnaya Mine in Sheruby-Nurinsky coal district in Karaganda Region (Kazakhstan) was prepared. The work included estimation of mineable reserves, review of all indispensable aspects of the company activities and projection of an economic model for estimation of the project viability and choice of optimum development option
Namibia
On completion of the visit to the deposit site, experts prepared a report and made recommendations on development of the deposit
Kostanay Region, Kazakhstan
Kazakhstan
At the request of Central-Asian Investment Consulting Company LLP a technical analysis and a preliminary economic evaluation of manganese ore deposits in Karagandinsky and Mangistausky Regions in Kazakhstan were carried out. To achieve this, a mining and geological review was prepared, suitability and adequacy of reserves and planned production capacity were determined, potential ore mining and processing technologies were assessed and economic evaluation of the deposit development, including the required capital expenditures, was carried out
Slovakia
ООО Magnesite Group reserves/resources valuation was carried out. The work objective was to evaluate magnesite reserves of the Customer mines situated in Slovakia in accordance with the JORC Code
Azerbaidzhan
Kazakhstan
A Due Diligence study of the operations of this new mine and processing plant in northern Kazakhstan was carried out
Kazakhstan
A preliminary assessment of opencast coal mines not far from Karaganda and Ekibastuz was carried out for a Russian client. A report was prepared highlighting the good and bad aspects of the project and as a result of that the Russian investor decided to participate in the project
Kazakhstan
An audit of the copper producing assets of Kazakhmys in Kazakhstan in support of a loan application to commercial banks was carried out. The job was an update of the due diligence study carried out by IMC Montan in 1999. The audit included all aspects of the production of copper, from geological reserves, through ore processing, up to and including the production of copper cathode
Kazakhstan
Kazakhstan
Assistance was provided with the preparation for the privatisation of Zhairemsky GOK, Kazakhstan, and a technical and economic assessment of the manganese production operations and processing was conducted. A pre-feasibility study was prepared for increasing production and efficiency and assistance was provided to the company management
Belarus
Belaruskaly longwall face shields tests were conducted on their shield testing rig to assess support strength, stability, deformation and hydraulic performance
Kazakhstan
A technical audit of the Donskoy GOK chromite mining operation in Kazakhstan was carried out. The audit included geology, resources, mining, infrastructure, environmental, health & safety and mineral processing activities. A valuation was prepared from the audit for a potential private investor
Kazakhstan
Two high profile but confidential assignments in Kazakhstan were carried out for private clients. In one, a number of technical, environmental and social audits were carried out, looking at mining, metallurgy and power generation. In the other, technical audits of multi-mineral mining were carried out
Kazakhstan
Kyrgyzstan
Kara Keche was a very small opencast coal mine within a major coal deposit in Kyrgyzstan. Through the EU-TACIS project of assistance to the Ministry of Energy a 2-stage plan of the mine expansion was prepared, firstly to 1.0Mt/year and then to 3.0Mt/year
Kazakhstan
On behalf of a private client the accuracy and authenticity of the statement of reserves produced in the 1940s and 1950s was reviewed and commented on for a major vanadium deposit in Kazakhstan. This involved site visits and checking through a sample of available documents. From the review a check sampling programme was proposed and costed
Kazakhstan
After the acquisition by ISPAT Karmet of eleven coking coal mines in the Karaganda region, Kazakhstan, reviews of the existing safety and productivity standards were conducted and advice on upgrading, restructuring and investment requirements was provided
Kazakhstan
A review of backfill transport infrastructure at a major copper mine at Zhezkazgan Mine, Kazakhstan was conducted and proposals for improved transport alternatives to reduce backfilling costs were developed
Armenia
Under EU funding, a review of mining operations in Armenia was implemented with the objective of assisting the government to attract investment into copper/molybdenum and industrial mineral production.
Kyrgyzstan
As a result of major deficiencies in the mines rescue service revealed by a mining accident, IMC Montan were funded by UK DFID to carry out a study of the rescue service and to propose necessary changes. The work involved assessments of the individual rescue teams and their equipment at all the Kyrgyz mines and led to changes in the structure of the service
Kyrgyzstan
Following on from the ERRA programme, on behalf of the Kyrgyz government implementing the restructuring plan for the five coal mines was assisted. This work involved changes in the mining plans, downsizing the workforce, arrange funding for resumption of work and assist with the privatization programme