-2020-

LLC "Third MEC" sold

16th of January

N-Mining Limited is pleased to announce the closure of the deal of sale of the Third Mining-Exploration Company (Third MEC LLC) to Kinross Gold Corporation.

 

Additional information is available here

Granting of the License

17th of February

Twelfth Mining-Exploration Company LLC, a Subsidiary of N-Mining Limited, was granted a License for the right to use the subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region

Name of the Subsoil plot – Maloudinskaya Area (Малоудинская площадь).

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Termination of participation

22nd of September

N-Mining Limited terminate its participation in the Ninth Mining-Exploration Company (9 MEC LLC) and Twelfth Mining-Exploration Company (12 MEC LLC).

Binding Agreement with Kupol Ventures Limited

31th of July

N-Mining Limited (“NM”) is pleased to announce  a Binding Agreement with Kupol Ventures Limited (“KVL”), a 100% subsidiary of Kinross Gold Corporation, pursuant to which NM will sell a 100% stake in Limited Liability Company Third Mining-Exploration Company(Russia, Khabarovsk) to KVL. 

The Third Mining-Exploration Company holds a subsoil license for the Chulbatkan gold deposit.
The transaction is subject to the satisfaction of certain conditions precedent, including regulatory approvals.
Additional information is available here

LLC "Thirteenth MEC" is registered

23th of September

The Thirteenth Mining-Exploration Company LLC (Thirteenth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

LLC "Fourteenth MEC" is registered

24th of September

The Fourteenth Mining-Exploration Company LLC (Fourteenth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

Granting of the License

29th of May

Fourth Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted a license for the right to use the subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region.

Name of the subsoil plot – Jushkutinskaja Area (Юшкутинская площадь). Plot area is 98.9 square kilometers.

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

29th of May

Ninth Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted  a license for the right to use one more subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region.

Name of the subsoil plot – Savvateevskaja Area (Савватеевская площадь). Plot area is 96.4 square kilometers.

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

29th of May

Tenth Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted a license for the right to use an additional subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region.

Name of the Subsoil plot - Eastern Flank of Chulbatkanskaya Area (Восточный фланг Чульбатканской площади). Plot area is 98.2 square kilometers.

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

11th of July

Eleventh Mining-Exploration Company LLC, a Subsidiary of N-Mining Limited, was granted a license for the right to use the subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Ulchsky municipal district of Khabarovsk region.

Name of the Subsoil plot – Gaifonskaya Area (Гайфонская площадь).

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

4th of March

Ninth Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted  a license for the right to use the subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region. Name of the subsoil plot – South-Western Flank of Chulbatkanskaya Area (Юго-Западный фланг Чульбатканской площади)

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

4th of March

Tenth Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted  a license for the right to use the subsoil block at the Municipal district named after Polina Osipenko (Полина Осипенко), located in the Khabarovsk region. Name of the subsoil plot – Orel (Орёл)

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Granting of the License

4th of March

Tyrskaya Mining-Exploration Company LLC , a Subsidiary of N-Mining Limited, was granted  a license for the right to use the subsoil block at the Ulchsky (Ульчский), Municipal District, located in the Khabarovsk region. Name of the subsoil plot – Romanovskaya Area (Романовская площадь)

The designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

LLC "Twelfth MEC" is registered

20th of March

The Twelfth Mining-Exploration Company LLC (Twelfth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

-2019-

-2018-

LLC "Eleventh MEC" is registered

19th of April

The Eleventh Mining-Exploration Company LLC (Eleventh MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

LLC "Tenth MEC" is registered

19th of April

The Tenth Mining-Exploration Company LLC (Tenth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

LLC "Ninth MEC" is registered

5th of March

The Ninth Mining-Exploration Company LLC (Ninth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

LLC "Fourth MEC" is registered

5th of March

The Fourth Mining-Exploration Company LLC (Fourth MEC LLC), a new subsidiary of N-Mining Limited - is registered in the Russian Federation.

Membership in CCCI

5th of March

N-Mining Limited  became a member of Cyprus Chamber of Commerce & Industry (CCCI).

Acquisition of Mining Projects Management LLC

26th of January

N-Mining Limited  acquired 100% of shares in Mining Projects Management LLC - The Sole Executive Body of the affiliated companies (based on the participant’s resolution on delegation and the relevant agreements).

Scoping Study Report for Verknee-Zolotoye

21th of January

Scoping Study report for Verkhnee-Zolotoye copper/polymetallic deposit (N-Mining Limited) was prepared by CSA Global Pty Ltd (Australia).

The base case NPV for the project is $186 million with Internal Rate of Return of 21%. The payback period is approximately 3-years.

Approval of Company Policies

21th of September

The Board of Directors of N-Mining Limited has approved the Company's Policies.

Approval of Charter Amendments

26th of June

The Board of Directors approved amendments to the  Articles of Association of N-Mining Limited.

-2017-

Verhnee-Zolotoye resource Report

5th of December

Resource estimation report according to JORC code for Verkhnee-Zolotoye copper/polymetallic deposit (N-Mining Limited) was prepared by CSA Global Pty Ltd (Australia).

Verkhnee Zolotoye open pit Mineral Resources as at 1 December, Indicated + Inferred = 333Mt @ 0,5% CuEq. Contained metal - 1 673 Kt of CuEq: 1 085 Kt of Cu, 296 Kt of Pb, 917 Kt of Zn, 4,4 of Ag.

Loan raising

25th of December

Third Mining-Exploration Company LLC raised a loan of $ 8.2 million for a period of 3 years in JSC Soyuz Bank.

FS Y2016

20th of November

The board of Directors of N-Mining Limited  has approved a financial statement of a Company for 2016.

Granting of the License

27th of September

Sixth Mining-Exploration Company LLC was granted a license for the right to use the subsoil block at the Turchik area in Khabarovsk Krai with the designated purpose and types of work - geological study, including the search and assessment of mineral deposits.

Visiting of the Khabarovsk Krai

11th of September

The Managing Director of the Company Mr. Ivan Bakulev visited the Khabarovsk region. Within the framework of the program the Chulbankan deposit was visited.

Appointment of a Non-Executive Director

3rd of July

Mr. Siegfried Pasqual was appointed as a Director (non-executive) of N-Mining Limited.

Appointment of a Managing Director

29th of April

Mr. Ivan Bakulev was appointed as a Director of N-Mining Limited.

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