15 Jun '11
Uranium mining company Dalur intends to invest over $58m in development of its uranium deposits in Kurgan region in 2011-2012, news agency RIA Novosti reports.
The company’s 2011 investment program is reportedly to total about $29m, and in 2012 investment in to grow slightly.
Dalur is developing deposits of the Zauralsky uranium-ore district – Dalmatovskoye, Khokhlovskoye and Dobrovolnoye. The group resources are estimated at over 18,000 tons of uranium.
The company currently mines about 500 tons of uranium annually at the Dalmatovskoye deposit.
Under plans, this year the company expects to receive a license and start working on the Kholovskoye deposit, and in 2013 – Dobrovolnoye deposit.
With the two new deposit the company intends to grow annual uranium mining volumes to 800 tons after 2019.
Dalur is a part of the uranium holding Amurredmetzoloto.