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PIMCU to reach break-even in 2016
Preliminary annual results were summarized by the General Director of PIMCU Sergei Shurigin at the traditional Awareness Day, held at Dauria Palace of Culture in Krasnokamensk. The most important result is the reduction of the cost of the finished product (U3O8) by 11%.
The company plans to produce 1977 tons of natural uranium concentrate (up 7 tons compared to 2014) and produce 3,053 million tons of coal (up 90 thousand tons compared to 2014).
"First of all, the increase in output and reduction of costs is due to implementation of a number of measures to improve efficiency. We have improved extraction by changing ore recrushing scheme and by launching a new unit at Hydrometallurgical Plant, optimized mining and stowing operations at Mine No.8. Within the framework of Rosatom Production System, we have implemented employees’ proposals for technical improvement, thereby reducing the cost of repairs of machinery and equipment by 101 million rubles, among other things. By changing sprinkling system we have reduced the cost of sulfuric acid. Reduced transportation distance at Urtuyskoe Mining Directorate helped save tens of million rubles. Implementation of the new reserves penetration scheme and reprocessing of substandard ore from waste dump through heap leaching made a significant contribution to economic performance of the plant."- specifically noted Sergei Shurigin.
PIMCU’s plans for 2016 include the start of construction of Mine No.6, which will become a major industrial project and will allow to put into operation Argunskoye and Zherlovoye deposits of Streltsovskoye ore field. They represent 35% of the total reserves of the largest uranium mining company in
Also in 2016 it is planned to complete tunneling of 7-d horizon at Mine No.8 and complete reconstruction of Sredneye tailings dump.
The decision to raise wages by 7% from January 1, 2016 was a New Year’s gift for employees of PIMCU.