Officials at Frontier Mining Ltd., a private copper producer in Kazakhstan, announced further $17.9 million in financing from Sberbank Kazakhstan, allowing for expansion at its Benkala solvent extraction/electro-winning (SX-EW) plant. A further $6 million in capital expenditures will bring capacity to 10,000 metric tons per year.

In 2013, work will bring Benkala’s exploration activities to Baitemir, a possible copper gold porphyry deposit with associated molybdenum in the northeast of Kazakhstan, a former Soviet Republic. Frontier has a 100% stake in Baitemir via its 100%-owned subsidiary FML.

Frontier Mining is a copper company with production, development and exploration operations in Kazakhstan and primary activity at Benkala, an open-pit mine and SX-EW production facility in the Urals copper gold ore belt in northwest Kazakhstan. With a technical office in Almaty, the former Kazakh capital city, it also maintains offices in Aktyubinsk and Semipalatinsk, near Benkala and Baitemir operations.

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.