EVRAZ to Direct 1bn RUR to Yesaulskaya Mine

17 February 2017 (13:28)

UrBC, Yekaterinburg, February 17, 2017. EVRAZ Holding came up with an investment project for the development of Section 29a in Yesaulskaya Mine; the in-place reserves have been estimated at over 10,000,000,000 kg of valuable GZh coal, the company press service reports.

The coal-bearing layer is about 3m thick. Production is expected to take off in the third quarter of 2019, when long-face 29-37 can get started on. This project will require 1bn RUR in investments.

‘The current reserves at Yesaulskaya Mine will get used up in 2.5 years. Switching to a new layer will help us keep both the enterprise and the jobs it provides. Our team must now make every effort to go through with this challenging but promising project as fast as possible and thus ensure a great future for this mine,’ says EVRAZ Raspadskaya Coal Company’s Director-General Sergey Stepanov.

The project will be two-fold: first, miners will have to work at boundary long-faces, then they will move on to the coal reserves located in the central part of the mine layer. To ensure safety, a multi-faceted gas-filtering system will be set up there. The preparatory opening and stoping jobs have begun already.

Other materials on the topic::