Norilsk Nickel received a permit for the development of the Maslovskoye deposit

The Russian government issued a decree granting the MMC Norilsk Nickel a license for exploration and production of platinum, copper and nickel at the Maslovskoye deposit located in the north of the Krasnoyarsk Territory c. The corresponding document was published on the website of the Government of the Russian Federation.

In August 2006, Norilsk Nickel received a license for geological exploration of deposits in the Maslovsky region in the Krasnoyarsk Territory. In December 2014, Rosnedra issued a certificate of field discovery. Exploration costs for the company amounted to RUB 1.2 billion. The total amount of investments required for the development of the project will be determined after a survey study of the Maslovskoye deposit, which Norilsk Nickel was the first to study.

Investments for its development are estimated at 80 billion rubles. The deposit is located 12 kilometers south of the city of Norilsk, in the center of the Norilsk industrial region. Here are presented rocks containing nickel, cobalt, copper, platinum group metals, gold. The geological structure of the Maslovskoye field belongs to group 1, its resources are considered to be more estimated.

Balance reserves of copper-nickel sulphide ores in the C1 and C2 categories amount to 215 million tons. As a result of the expert examination carried out by Rosexpertiza, the reserves of the Maslovskoye field were registered with the state in September 2009. The C1 + C2 balance reserves of nickel reserves amount to 728 thousand tons, copper reserves exceed 1.1 million tons, platinum reserves reach 12.5 million ounces, and gold reserves are estimated at 1.3 million ounces. The field has been developed for about 25 years.