JSC Atomenergoprom Annual Report
JSC ATOMENERGOPROM / ANNUAL REPORT / 58
PERFORMANCE OF DIVISIONS
4.1. MINING DIVISION
Key results in 2022:
Revenue under Russian Accounting Standards (RAS) increased by RUB 1.5 billion (RUB 24.7 billion in 2022).
The development of the Kolichkanskoye deposit in Buryatia began ahead of schedule.
The first ore was recovered from deep areas of the Yubileynoye deposit.
Positive opinions were obtained from Glavgosexpertiza of Russia for projects to develop the Khokhlovskoye
uranium deposit and the Dybrynskoye deposit, as well as for the construction of a mining and processing
plant and port facilities at the Pavlovskoye lead and zinc deposit.
Operating results
Indicator
2020 2021
2022 Change analysis
Uranium production,
2,846
2,635
2,508
tonnes
The decrease in output was caused by a high level of
depletion of existing mines and deposits.
Uranium resources
(Russian assets), '000
509.4 506.4
503.7
tonnes
Average headcount,
persons
7,246 7,325
7,689
LTIFR
0
0.22
0.21
Tax payments (actual),
7.6
6.4
7.2
RUB billion 30
Consolidated revenue
(RAS), RUB billion
20.4
23.2
24.7
The decrease was due to the annual depletion of economic
uranium reserves during mining.
The growth was driven by the expansion of mining,
processing and auxiliary infrastructure of uranium mining
enterprises, expansion of the scope of external projects
of JSC Elkon Mining and Metallurgical Plant, as well
as drilling, construction and installation operations at
JSC RUSBURMASH.
The changes were insignificant.
The growth of tax payments was due to an increase in
the Division's revenue and the payroll fund across core
production assets.
Revenue growth was driven by business diversification.
The Mining Division (hereinafter referred to as the Division; its holding company is JSC Atomredmetzoloto)
is one of the largest natural uranium producers in the world. The Division manages Russian uranium mining
assets in the Zabaykalsky Territory (PJSC PIMCU), the Republic of Buryatia (JSC Khiagda) and the Kurgan
Region (JSC Dalur).
In addition to uranium mining, the Division is actively developing non-uranium businesses, including
scandium mining as a by-product (JSC Dalur), brown coal mining (PJSC PIMCU), the design of an integrated
production facility at the Pavlovskoye lead and zinc deposit, gold mining projects (JSC Elkon MMP), etc.
The Division has unique uranium mining capabilities; its enterprises perform a full range of operations,
from geological exploration, design and pilot operation to the decommissioning of production facilities
and land rehabilitation.
Key operating results
In 2022, the enterprises of the Mining Division produced 2,508 tonnes of uranium, which is 8% above the
target.
PJSC PIMCU:
-
The enterprise continued to develop the existing mines: the Yuzhny site of the Yubileynoye deposit of
Mine No. 8 was developed;
Two new high-performance ARAMINE diesel load-haul-dump (LHD) machines and two new drilling rigs
were purchased;
The programme for the third stage of renovation of the Sredneye tailings dump was completed.
Mine No. 6:
Demothballing of facilities at Mine No. 6 was started; more than 2 million m³ of water was pumped out;
work is underway to achieve the design targets for the quality of treated mine water;
Construction of exploration and development shaft 19-RESh and the hoist building was started;
The project focused on the technical upgrade of shaft 20V was submitted for industry expert review.
JSC Dalur:
-
-
The construction of phase one facilities was completed at the pilot site of the Dobrovolnoye deposit;
A positive opinion was obtained from FAI Glavgosexpertiza of Russia for the project to develop the
Khokhlovskoye uranium deposit;
PERFORMANCE OF DIVISIONS
30. The amount of taxes for 2021 was adjusted due to the revision of the calculation methodology.
PERFORMANCE OF DIVISIONS
JSC ATOMENERGOPROM / ANNUAL REPORT / 59View entire presentation