Wise uranium Project

Zarechnoye ISL project
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deposit info
South Zarechnoye uranium deposit will not be mined due to unfavourable exploration results and uranium
price slump
: "The Company determined that it would not be economical to mine the South Zarechnoye deposit due to
the decrease in uranium prices since the Fukushima incident, together with a decrease in the South Zarechnoye
resource base resulting from recent exploration results and the completion of an economic assessment." (Uranium One
Inc. Nov. 5, 2012)
Uranium One Inc.
 is to acquire 
ARMZ
's 49.67% interest in the Zarechnoye uranium mine. Production from
Zarechnoye during 2008 was approximately 0.4 million pounds U
3
O
8
[154 t U] and production in 2009 was
approximately 1.3 million pounds U
3
O
8
[500 t U]. Zarechnoye is expected to ramp up to full production of
approximately 2.5 million pounds U
3
O
8
[962 t U] per year by 2012.
The South Zarechnoye deposit is expected to become operational in 2014, with full production expected to be
approximately 1.6 million pounds U
3
O
8
[615 t U]. (Uranium One Inc. Jun. 8, 2010)
Uranium production at Zarechnoye starts on December 7, 2006. (RIA Novosti Dec. 7, 2006)

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06.12.2023, 21:45
New Uranium Mining Projects - Kazakhstan
https://wise-uranium.org/upkz.html
11/12
On June 22, 2006, Tekhsnabexport and the Russian-Kazakh-Kyrgyz uranium mining venture Zarechnoye signed a
contract which presupposes supplies of $1 billion worth of uranium between now and 2022. Zarechnoye is planning to
produce the first batch of uranium in the third quarter of 2006. Under the contract, the first shipment of uranium will be
dispatched to Russia in January 2007.
Zarechnoye JV design capacity totals 1,000 tons of uranium a year, which will be hit in 2009. Estimated deposited
resources at the field operator Zarechnoye JV totals 19,000 tons of uranium. The key owners are Tekhsnabexport and
Kazatomprom, which hold 49.3 percent each. In addition, the Russian-based Atompredemtzoloto and Kyrgyz Kara-
Baltin each hold 0.7 percent. The total investment of all participants into the joint venture development totals $60
million.
It is expected that uranium production and Kazakhstan's uranium supply to Russia will increase by up to 6,000 tons a
year. (Mosnews 22 June 2006)
The Zarechnoye project will start producing uranium at the end of 2006, Russia's nuclear services export company
Techsnabexport said. (RIA Novosti May 15, 2006)
Startup of uranium production at the Zarechnoye mine has been deferred to April or May 2006, instead of the
previously announced summer 2005. Zarechnoye's director general Yuri Demekhov said the plans had been changed
because the company had to stop construction activities to respect wishes of the local authorities and hunting experts
who were against mining the deposit. He said that construction work at the mine only started June 2005 and that
currently some 20% of the total construction work has been implemented at the property. (WNA News Briefing 05.33,
Aug. 23, 2005)
Construction of the Zarechnoye in-situ leach uranium mine in Southern Kazakhstan has begun. Commercial production
is scheduled to begin towards the end of the year 2005. The design capacity is 500 tonnes of uranium per year. Part of
the pre-concentrates recovered from the mine will be sent to the Kyrgyz Kara-Balta mill for processing. (Kazakhstan
today, Apr 21, 2004)
A renewed structure of the Joint Venture was announced as follows: Kazatomprom (Kazakhstan) - 45%; TVEL
(Russia) - 20%, Techsnabexport (Russia) - 15%, Atomredmetzoloto (Russia) - 10%; and Kara-Balta (Kyrgyzstan) -
10%. (Kazatomprom Oct. 1, 2003)
Russia will provide $14.5 million for the construction of the Zarechnoye uranium mine in Kazakhstan, due to begin in
2004. The mine is due to go on stream by the end of 2005, when it should attain projected capacity of 500 tonnes of
yellowcake, a spokesman for Kazatomprom, Kazakhstan's national nuclear concern, said. (Interfax Sep. 30, 2003)
The Zarechnoye joint venture, as the company will be called, will have a charter capital of US$ 30,000. 
Kazatomprom
will own 45 per cent, Russia's 
Atomredmetzoloto
 45 per cent and 
Kara Balta
10 per cent of the equity.
The Zarechnoye joint venture might produce about 500 tonnes of uranium concentrate per year in the next few years. A
pre-feasibility study sets the cost of mining the Zarechnoye deposit at $8 million.
The deposit contains a proven 14,500 tonnes and probable 4,500 tonnes of uranium. (BBC/Interfax Oct. 10, 2001)
Russia, Kazakhstan and Kyrgystan have agreed to a joint venture to develop the Zarechnoye uranium deposit in
western Kazakhstan, scheduled to be commissioned either later in 2001 or in early 2002. Uranium from the deposit
will be processed at the Kara Balta Mining Co. An estimated 700 tonnes U3O8 will be produced annually from the
project. (WNA News Briefing 01.33, August 15, 2001)
Kazakhstan, Kyrgyzstan and Russia will reportedly form a joint venture to exploit the Zarechnoye uranium deposit in
western Kazakhstan. The Kara Balta uranium refining plant in Kyrgyzstan is said to have reached a related agreement
on co-founding the joint venture. The Kara Balta facility has reportedly been refining up to 450 tU (530.7 tonnes
U3O8) annually supplied from Kazakhstan. Uranium from the Zarechnoye deposit will be used to supply Russian
nuclear power stations and therefore the Russian supplier Atomredmedzoloto is expected to participate in the project.
(UI News Briefing 00.35, August 30, 2000)
A Kyrgyz-Kazakh-Russian joint venture to double the processing of uranium concentrates from Kazakh deposits at the
Kara Balta
processing complex in Kyrgyzstan is expected to start up in 2001. The Kara Balta plant currently processes
about 450 tU3O8 (382 tU) per year, about 30-35% of its full capacity. (UI News Briefing 00.42, Oct. 18, 2000)
A joint venture to mine and process uranium from the Zarechnoye uranium deposit will be established during the first
quarter of 2001. The joint venture - between Russia, Kazakhstan and Kyrgyzstan - would mine at Zarechnoye using the
in-situ leach (ISL) method and produce up to 500 tonnes U3O8 (424 tU) annually. Milling of the uranium will take
place at the Kara Balta mill in Kyrgyzstan, which is expected to produce at least 350 tonnes U3O8 (297 tU) annually
for the joint venture. The initial stage of a mining and milling complex at Zarechnoye is expected to come online in
2002. (UI News Briefing 00.51, Dec. 20, 2000)

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06.12.2023, 21:45
New Uranium Mining Projects - Kazakhstan
https://wise-uranium.org/upkz.html
12/12
Zhalpak project (ISL), Chu-Sarysu district
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deposit info
A Chinese (CNNC)-Kazatomprom joint venture is being set up to develop the deposit. This could produce up to 1000
tU/yr from resources of 15,000 tU, starting in 2014. (WNA Nov. 2012)
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