British exploration company, Trans-Siberian Gold Ltd, contracted management and technical services to MMC‘s Stephen Lay who was appointed as Operations Manager responsible for their various properties in the Russian Far East. Lay was appointed Director of Russian company CJSC Trevoshnoe Zareyvo.
Kamchatka, Russian Far East
Trans-Siberian Gold had management control of two epithermal gold deposits on the Kamchatka peninsula, south of Petropavlovsk-Kamchatski, and required to fast-tracking these through to production.
The Asacha deposit was an advanced property with a State approved resource of 16t of gold. From an extensive Russian data set and numerous Western studies MMC was responsible for re-engineering the project and taking it in to the Feasibility Study (by Australian Mining Consultants) and TEO(project) (Russian permitting) phases.
Conceptual mining methods were explored for the less advanced Rodnikova deposit.