Press center menu
Pavlovskoe Deposit Development Project Receives Support of Archangelsk Region Development Corporation
The Archangelsk Region Development Corporation and AO First Ore Mining Company (FORC JSC is managed by ARMZ Uranium Holding (Atomredmetzoloto JSC) have signed an agreement to support the project of development of Pavlovskoe Deposit of polymetals on Novaya Zemlya. The agreement was signed by General Director of ARDC Alexey Kovalev and General Director of First Ore Mining Company JSC Alexander Lukin.
The document seeks to create conditions for effective interaction between all the participants of the project and government bodies in resolving operative and strategic issues.
Atomredmetzoloto is working on a large-scale diversification program and develops projects outside the uranium sector. The project of setting up a production facility at Pavlovskoe Lead and Zinc Deposit is one of the most important components in the strategy of the Uranium Holding. It is also closely related to state-sponsored projects on developing the Russian Arctic. Currently this project is entering the active stage, and all the work is being done according to plan. We believe that the signed agreement will facilitate effective implementation of this significant project,” Alexander Lukin said at the signing ceremony.
Within the framework of the agreement the Development Corporation will oversee the project as a partner, serve as a communication channel between the investor, the Government of Archangelsk Region and other bodies involved in implementing this project.
According to the document, partners will inform each other on measures of state support of investment activities and assist each other in organizing exhibition and educational events.
The Government of the Region also held the first meeting of the working group on implementation of the investment projects on development of Pavlovskoe Lead and Zinc Deposit, created in accordance with the order of the Governor dd. March 11, 2016. The participants of the meeting discussed the project of building piers at Novaya Zemlya Archipelago, the problem of selecting the area for the transport and logistics hub, and the conditions of making Pavlovskoe a priority project.
“The Government of Archangelsk Region has been supporting us in our efforts to create the most favorable conditions for Pavlovskoe project. The meetings of the working group allow the parties to establish project management principles for our cooperation, which will foster successful implementation of the project,” said Igor Semenov, First Deputy General Director of JSC FOMC.
During the visit of JSC FOMC delegation, a working meeting was arranged with enterprises members of the Constellation Association to discuss the capabilities of regional enterprises in the sphere of transport support of Pavlovskoe Deposit at the construction and operation stages, as well as building transport, energy, and residential infrastructure for the project (Subcontractor Day). During the meeting the participants discussed the proposals of Archangelsk enterprises, the transport and logistics models to deliver people and cargoes, main aspects of transporting, transshipping and storing commodities in materials in conditions of no transport infrastructure, options for transshipment and storage of lead and zinc concentrates in Archangelsk, and suggestions on the concept of power supplies to the facility.
The results of the visit of JSC First Ore Mining Company were summarized during the working meeting with the Governor of Archangelsk Region Igor Orlov.
“We have discussed all the pending issues, and concrete assignments have been made as a result of our meeting. The plan is clear, and now we know what to do next,” Alexander Lukin said.
Pavlovskoe Lead and Zinc Ore Deposit is one of the largest in Russia. It is estimated to contain some 47.7 mln tons of ore. The First Ore Mining Company intends to build a mining enterprise on Novaya Zemlya with the output capacity of up to 3.5 mln tons of ore a year.