Media

Polymetallic Holding Group Seligdar (MOEX: SELG; hereinafter referred to as the Holding Group or Seligdar) held the third session of its Technical Council this year. The Council was headed by Sergey Tatarinov, CEO of Seligdar PJSC, and Alexander Khrushch, President of Seligdar PJSC.

Management representatives discussed the progress of technical modernisation of the Holding Group's production assets, as well as interim results of work for the first nine months of 2024.

The operational programme for 2025 was also discussed, the key points of which should be: commissioning of the Khvoyny gold plant; start of construction and installation work and the launch of the second thermal preliminary treatment facility at the Samolazovskiy production complex; commissioning of flotation and reagents workshops at the gold plant of the Poisk production complex.

In addition, the preliminary results of laboratory studies on the development of a technology for processing the ores from the Kyuchus deposit were summarized. These studies were conducted with the participation of major Russian research centres and international companies. A preliminary comparison of the results suggests that gold extraction could be achieved in two ways. However, greater stability in achieving the desired technological parameters could be achieved through the use of alternative processing methods, such as ore thermal treatment. The final decision on the chosen technology will be made after completing the full range of work and assessing its economic viability.