The Kemerovo office of Federal Subsoil Agency would put Leninskiy 1 and Leninskiy 2 black coal parcels of Egozovo-Krasnoyarsk deposit to tender on April 5.

The winners would be granted extensible licenses for 20 years and obliged to start development no later than 72 months past the date of registration, reaching full capacity no later than in 96 months.

In 2009, these plots were announced for auction, which was canceled without explanations. New terms envisage larger downright payment, 130 m roubles (against previous 125 m) for Leninskiy 1, with its 4.41 sq km area and estimated reserves of c 37 m t of A+V+S1 categories of DV grade coal (steam), and 215 (against previous 208) m roubles for Leninskiy 2 (6.95 sq km; 73 m t of A+V+S1 categories of DG grade coal, according to Russian nomenclature).

The parcels are 10 km from an electrified railway, with a local railway running along their Eastern border. The area is well-developed and adjacent to Aleksiyevskaya, Krasnoyarskaya (SUEK-Kuzbass), Baykaimskaya (Kuzbassrazrezugol’) mines.

Last summer, bids for both parcels were offered by SUEK-Kuzbass, Shakhta Aleksiyevskaya, and Shakhta Zarechnaya JSs.

Theme:  Property/Coal/Kuzbass