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BMC to Support Social and Economic Development of Kalar District in Zabaikalye
BMC to Support Social and Economic Development of Kalar District in Zabaikalye

Baikal Mining Company has made an Agreement on Social and Economic Cooperation with the Government of Zabaikalye Region and Administration of Kalar District of Zabaikalye.

Alexander Osipov: “Construction of Udokan MMP is a Great Stimulus for the Development of North Zabaikalye and Region as a Whole
Alexander Osipov: “Construction of Udokan MMP is a Great Stimulus for the Development of North Zabaikalye and Region as a Whole

On April 27, 2019 Alexander Osipov, Chairman of the Board of Directors of Baikal Mining Company Valery Kazikaev and General Director of Baikal Mining Company Yury Ryabov have inspected the progress of construction works within the framework of Udokan copper project.

BMC and Human Capital Assets Development Agency in the Far East Sign a Partnership Agreement
BMC and Human Capital Assets Development Agency in the Far East Sign a Partnership Agreement

Baikal Mining Company and Human Capital Assets Development Agency in the Far East have signed an agreement on strategic partnership in the area of human capital assets development.

UDOKAN NATURAL MONUMENT AND INGAMAKIT WILDLIFE PRESERVE TO BE ESTABLISHED IN ZABAIKALYE WITH THE ASSISTANCE OF BMC LLC
UDOKAN NATURAL MONUMENT AND INGAMAKIT WILDLIFE PRESERVE TO BE ESTABLISHED IN ZABAIKALYE WITH THE ASSISTANCE OF BMC LLC

Ingamakit wildlife preserve of regional significance and Udokan state natural monument will be established in the territory of Kalar District of Zabaikalye Region.

FGC UES Starts Construction of Power Supply Facilities for Udokan, Largest Copper Deposit in Russia
FGC UES Starts Construction of Power Supply Facilities for Udokan, Largest Copper Deposit in Russia

FGC UES (Federal Grid Company of Unified Energy System, Rosseti group) commenced the upgrade of 220 kV Chara substation in the north of Zabaikalye region. The power facility will be expanded to handle 50 MW for Baikal Mining Company (BMC), operator of the largest in Russia and third largest undeveloped copper deposit globally.

Yury Ryabov gave an interview to Chita.Ru
Yury Ryabov gave an interview to Chita.Ru

General Director of Baikal Mining Company Yury Ryabov gave an interview to Chita.Ru 18 months after he had said that construction would start in 2019. “I did everything I promised,” he smiled.

Over 600 Students from Chita Universities Learned about the Progress of Udokan Deposit Development
Over 600 Students from Chita Universities Learned about the Progress of Udokan Deposit Development

HR Director of Baikal Mining Company, Olga Litvinova, delivered a series of lectures to students and teachers of Mining Faculty of Zabaikalye State University, Chita Polytechnic College and M. I. Agoshkov Zabaikalye Mining College in the period from 26th to 28th of February.

VEB.RF, Gazprombank  and Sberbank Agree to Finance Construction of Udokan MMP as part of  Project Finance Factory Initiative
VEB.RF, Gazprombank and Sberbank Agree to Finance Construction of Udokan MMP as part of Project Finance Factory Initiative

Baikal Mining Company (part of USM Holding), VEB.RF, Gazprombank  and Sberbank came to an agreement to finance Stage I of Udokan Copper Project (Zabaikalye Region, Kalar District) and construction of the Mining and Metallurgical Plant. Key terms of the financing were established in the term sheet signed by partner banks and Baikal Mining Company at the Russian Investment Forum in Sochi.

Baikal Mining Company starts construction of power facilities for Udokan Mining and Metallurgical Plant
Baikal Mining Company starts construction of power facilities for Udokan Mining and Metallurgical Plant

Baikal Mining Company signed contracts for the construction of main power infrastructure facilities for Udokan MMP.

According to the documents, PMK Sibiri LLC shall perform work package to build 220/35/10 kV substation for Udokan MMP, and ESK Energomost LLC shall construct 220 kV Chara - Udokan MMP high-voltage line. Both contracts are executed on a turn-key basis.