Hambledon Mining plc is an AIM-listed gold mining and
exploration company which is producing gold at and developing the Sekisovskoye
gold deposit and owns the Ognevka processing plant, both of
which are close to Oskemen (formerly Ust-Kamenogorsk) in
East Kazakhstan.
At Sekisovskoye, the Company is mining from an open pit and
has constructed an 850,000 tonnes per year treatment plant
which started operating in December 2007.
Production from the open pit will average over 40,000 ounces
per annum. After the start of open pit processing, the
Company plans to develop the much larger underground
resource which is expected to lead to a combined production
rate of around 100,000 ounces per year.
The Ognevka processing plant has been refurbished and
restarted operations in November 2007 to produce
concentrates containing gold, silver, copper, iron and coke
from the retreatment of zinc smelter residues.