Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr
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the extraction of uranium by in situ leaching (ISL), as well as the expansion of a promising raw material base. The company is exploring nine deposits and on average it produces 2.3 mt/y of ura- nium. The launching of the mines— Alenda, Aulbek, North Kanimekh and a number of others—will increase urani- um production by 40% to 3.3 mt/y by 2015. The total cost of the investment in the six new mines is estimated at $75 million. AMMC Adopts Modernization Program Accounting for 20% of the country's gold production and 90% of its silver production, AMMC also announced an ambitious development program to increase production. The company expects to double gold production by 2025 to 34 mt from 18 mt by launch- ing several new mines. AMMC currently consists of two min- ing companies, two processing plants and two metallurgical plants. The com- pany has the right to develop copper- molybdenum and lead-zinc ores in the area of Almalyk (Tashkent region). Its resource base includes copper-porphyry ores at Kalmakyr and Sary Cheku (Tashkent region) and a lead-zinc-barite deposit at Uch-Kulach (Djizzak). In 2013, AMMC began construction of the Samarchuk gold mine in the Tashkent region. The project, valued at $74 million, includes the construction of an underground mine with a capaci- ty of 200,000 mt/y of ore. Completion is scheduled for the end of 2015. According to the "golden produc- tion" modernization program adopted to maintain the capacity and compen- sate for retiring enterprises, AMMC plans to intensify work on opening new horizons at operating mines, build new facilities, and reconstruct the Angren gold processing plant by 2016. In October 2013, the company completed the modernization of the Kochbulak gold mine in the Tashkent region. The project involved the re- sumption of work on the Uzun open pit, as well as increasing production from an underground mine. Launching of the new production sites with the capacity of 40,000 mt/y of ore will compensate Kochbulak's retiring capa- cities and maintain the current volume of gold production for the next six years. The total cost of the project was $10 million. By 2016, the company also in- tends to build and launch the Kayragach mine with a total capacity of 80,000 mt/y of ore at a cost of $30 million. The construction of new mines will increase gold production for the company by 25%-30%. Actual figures are not disclosed, but it is assumed that by 2020, AMMC will produce about 28 mt of gold. It is noteworthy that the new pro- jects in the area of gold production are the first projects the company has implemented in almost five years. In 2007, AMMC invested $50 million in rebuilding the Kyzylolma and Koch- 86 E&MJ; • JUNE 2014 www.e-mj.com U Z B E K G O L D COMPANY PROFILE-PAID ADVERTISEMENT A legacy of excellence is unstoppable. In 1964, the ALL legacy began with three brothers and one crane. Three genera- tions later, our business values echo the family values handed down by our founders. We base our daily operations on their unshakable code of conduct and their vision of unequivocal service. Unequivocal service. Prior to our founding, contractors owned their own equipment—and all the headaches and expense of maintenance. ALL Erection & Crane Rental Corporation's founding phi- losophy was to not only shift ownership, but to own the maintenance responsibil- ity . Today, customers expect that we will provide reliable machines to get a job done, and, to meet that expectation, we train every member of our team to under- stand that we are more than a crane rental company; rather, we are a fleet maintenance company. The difference was understood by our founders. In short, constant maintenance positively affects customer productivity and the value of the ALL brand. ALL has grow to be better prepared, both in advance with properly maintained machines, and in eventuality, with the best mechanics and a war chest of parts on the ground ready to take flight when the inevitable episode of downtime occurs. These parts, service, and even the equipment itself are delivered along a supply route, which also took great planning. This is ALL, and the legacy is now unstoppable. Growing new branches grows the sup- ply route. The model of geographically tangent growth is a system steadfastly adhered to by the ALL enterprise to ensure that local, regional, and national customers benefit from the strength of the entire family of companies. We never open outposts to stand alone, unsupported. Instead, we have grown carefully for three generations. We consider each new branch to be a neces- sity to local customers, but also part of a chain, one made stronger link by link. For more information, visit www.allcrane.com/legacy. Contact Information: ALL Erection & Crane Rental Corp. (headquarters) 4700 Acorn Drive Cleveland, OH 44131 800-232-4100 (toll free) 216-524-6550 (local) 216-525-3683 (fax) Website: www.allcrane.com The ALL Family of Companies EMJ_pg82-87_EMJ_pg82-87 6/4/14 10:33 AM Page 86