Congratulations to the project teams awarded at the MINEX Russia 2021 forum
In 2021, AMC once again presented its annual program of events at the MINEX Russia Forum in Moscow. After the limited format of online events last year, it was a great pleasure to once again take part in the forum in person. Of course, there is a special value in discussing topical issues face to face with our existing and potential clients.
As one of the sponsors of the event, AMC made a significant contribution to the course of the forum. The most significant event was the presentation of the progress report on the Sukhoi Log gold deposit, published this year. AMS Lead Geologist Olga Almendinger made a presentation on the results of modeling and resource assessment based on the results of field exploration. The presentation was prepared jointly with Gennady Vursiy, Exploration Manager at Polyus. The project has been in the works for four years and to date, a Mineral Resource of 1,110 million tonnes has been estimated at 1.9 g/t for 67 million ounces of gold. Dean Carville, who signed the assessment as a Competent Person, served as the main author of the presentation. This project is truly unique, details of the field evaluation can be found in the Polyus press release dated April 29, 2021.
Section through the Sukhoi Log deposit
The number of our clients is constantly growing as more professionals in the industry learn about how we work and what help we can offer them. This year, two of our clients received awards at the Minex forum in the following categories:
1. The Polyus Sukhoi Log project received the Russian Mining Award “For outstanding achievements in the development of the mineral resource base”
2. The project of the First Mining Company "Pavlovskoye" received the award "The best project for the development of the mineral resource base"
We congratulate both winning teams for receiving awards that have been earned through hard work and diligence, resulting in the highest quality results.
AMC once again hosted a master class this year dedicated to bridging the gap between technical solutions and business drivers that drive our operations in the mining industry. In my opinion, in order to determine the VALUE of a project being implemented, technical and commercial factors must be evaluated together. Such an integrated approach allows a wider range of company targets to be taken into account when planning mining operations. AMC also uses this approach to include environmental, social and administrative considerations during the project feasibility study stage to ensure that all aspects of the project are assessed and optimal endpoints are used to ensure cost balance is as high as possible - in particular because changes to more later stages, after design is complete and construction has begun, can be very costly.
The presentation once again builds on AMC's key Masterclass cycle "Plan-Do-Check-Act" that has been their hallmark for seven years now.
David Wink, Ian Lipton, and Jason Tolly of AMC's Strategic Business Consulting made presentations via video link:
1. Mine & Processing Efficiency Lead David talked about our approach to using performance diagnostics to unlock the VALUE of deposits by increasing the productivity of mines and concentrators to increase margins. At the heart of operational improvement programs, SmartData™ is used for a variety of purposes, including setting performance benchmarks based on best practices; regular performance evaluation to achieve goals; acquisition or sale of assets; improving the results of feasibility studies at all levels.
2. Head of Geometallurgy Ian is again participating in a series of workshops to talk about his recent experience in conducting research on predictive geometallurgy and applying 3D models. Ian shared information about the achievements achieved so far in the course of the projects, and made an important point that all specialists from different disciplines in the project team should work together to achieve the optimal result.
3. Strategy Leader Jason discussed strategic planning and the role of the so-called Hill of Value™ concept. He described AMC's approach to carefully and comprehensively evaluating multiple combinations to identify all available strategic options using the Hill of Value™ process to help understand potential trade-offs, allowing for much more informed decisions and the confidence to select a preferred strategic position.
The Hill of Value™ concept has been a key tenet of AMC's strategic planning for many years, and with the ability of today's systems to accumulate more data and evaluate more options, this process is only getting more relevant and meaningful.
The employees of the Moscow branch also did an excellent job answering all questions and establishing contacts between potential clients and our specialists in other offices. AMC was not able to invite specialists from Australia or Canada to the event, but the conference was attended by lead mining engineer Narina Shorland from our UK office, who helped to understand the issues of mine planning. Olga Almendinger and Ekaterina Pelenkova were also present at the booth to help with geology questions.
Although our English-speaking experts were not able to attend the conference in person, thanks to modern technology they were able to present the master class online, and I was able to live the event, which was broadcast on our social networks. All our presentations are available in both English and Russian. If you are interested in something, please let us know and we will send you the necessary materials. You can also visit the new AMC website at:
For Sofia Korsakova, this was the first Minex conference. We are pleased to welcome her to the team as a translator.
Mark Chesher
Director of Business Development
Mark is a mining engineer with over 35 years of experience in the mining industry. Mark has extensive experience in planning and managing gold and non-ferrous metals (aluminum, nickel) mining operations. His responsibilities included ore reserve reporting, mining equipment selection and specification, quarry design, mine planning, budgeting, and facility management.
Mark has led feasibility studies in Russia (Polyus Gold International Limited and MBC Resources), Australia and other countries (including Mozambique, Finland, Eritrea and the Central African Republic) on projects related to the extraction of gold, platinum, non-ferrous metals, uranium , magnetite, phosphate and mineral sands. In addition, he conducted audits and expert assessments of a number of mining enterprises. Mark is a Competent/Qualified Person for JORC and CIM Solid Mineral Reserve reporting.
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