AMC at MINEX Russia 2021
AMC Consultants (AMC) returned to MINEX Russia with a jam-packed program including a podium presentation with Polyus and livestreams with our global experts direct from our booth #14 . The conference took place 5-7 October in Moscow at the Radisson Slavyanskaya Hotel. Led by Moscow-based Mark Chesher, Executive Leader Business Development, our team opened this year’s MINEX with a masterclass on bridging technical solutions to commercial outcomes.
Our presenters covered the use of performance diagnostics in unlocking value, geometallurgical modelling, strategy optimization, and the Hill of Value™. This masterclass is the seventh instalment of what has been a very well-received masterclass series that has brought experts from AMC’s global offices to Moscow. To complement the masterclass, Senior Geologist at AMC’s office in Moscow, Olga Almendinger, was joined by Exploration Manager at Polyus, Gennady Vursiy for a podium presentation exploring the Sukhoi Log. Project history.
For the first time this year, we had a livestreamed Q&A series featuring experts from our masterclass and the incoming Technical Manager of AMC’s office in Moscow, Rob Chesher. The converdsation took place on Facebook, LinkedIn, Twitter, and YouTube and at our booth.
MASTERCLASS: USING DATA TO ADVANTAGE
Tolstoy Hall, Tuesday 8 October 2021, 9.00 – 10.30 AM
Presentation 1: Introduction by Mark Chesher
Presentation 2: Unlocking value with performance diagnostics by David Vink
Presentation 3: Making your geometallurgical model a success by Ian Lipton
Presentation 4: Strategy Optimization and the Hill of Value™ by Jason Tolley
PRESENTATION IN THE MAIN FORUM: Sukhoi Log. Project history till recent days by Olga Almendinger, Senior Geologist, AMC Consultants and Gennady Vursiy, Exploration Manager, Polyus
Tolstoy Hall, Technical Session 4: Current state and opportunities for increasing the efficiency of renewal of the mineral resources in Russia.
Wednesday 7 October 2021, 11.20 – 13.00 PM
Moderated by Mikhail Leskov, Business Development Director, Institute of Geotechnology
Sukhoi Log is one of the largest undeveloped gold projects in the world. The gold mineralization that underpins this project was identified several decades ago and there have been many research projects to improve the knowledge of the deposit.
Polyus secured management of the project in 2017 and has spent four years collecting new information, as well as verifying and testing the historic data. The result has led a current report to the London Stock exchange of a Mineral Resource of 1,110 million tonnes grading 1.9g/t for 67 million ounces1. Studies continue and an Ore Reserve has been estimated and reported according to the JORC Code.
In this paper, PJSC Polyus and AMC Consultants discuss the history of exploration, recent exploration programmes, data collection procedures and solutions to challenges presented during estimation of the resources.
1 As at 31 December 2020 – JORC Table 1 can be found at https://polyus.com/en/operations/reserves_and_resources/
Meet the team at MINEX Russia 2021
Mark Chesher
Technical Director – Russia
Mark is a mining engineer with almost 40 years’ experience in the mining industry. Mark has broad experience in planning and management of gold and base metal (aluminum, nickel) operations. He has been responsible for Ore Reserve reporting, equipment selection and specification, pit design, scheduling and budgeting and operations management.
Ian Lipton
Advisory Lead – Geometallurgy
Ian Lipton has 40 years of experience in mining geology, resource evaluation, geometallurgy, and exploration, covering a wide range of commodities and mining operations. Ian has been promoting geometallurgy for project improvement for 20 years and has been involved in a variety of geometallurgical projects predicting ore processing response characteristics for commodities such as gold, copper, lead-zinc, nickel and iron ore. As Advisory Lead – Geometallurgy, Ian is responsible for designing and managing geometallurgical studies to reduce risk and improve outcomes in feasibility studies and operating mines.
David Vink
Advisory Lead – Operational Excellence
David has 30 years of experience including mining executive, chief operating officer and group general manager for underground and open cut mining operations. He is an accomplished underground and open cut mine operations management and development specialist who has been responsible for mineral infrastructure projects of $0.9b, operating budgets of $500m/yr, and workforces of up to 1,000 employees.
Jayson Tolley
Advisory Lead – Strategy Optimization
Jayson Tolley is a highly-proficient mining engineer with experience-based predominantly in underground hard-rock mines across multiple commodities and numerous mining methods. The unique skill set that Jayson brings to an organization is the ability to manage a team on any given project and utilize his capabilities with strategic analysis, technical design and financial modelling, together with a key understanding of the key project drivers to deliver top-quality projects to clients. As Advisory Lead – Strategy Optimization, Jayson is responsible for managing strategy optimization projects focused on maximizing mining asset value while balancing internal and external risks.
Olga Almendinger
Senior Geologist
Olga is a geologist with more than 20 years of experience in the mining industry. Olga’s primary area of expertise is in exploration and mine geology. Her broad experience within the mining industry includes underground mine geology, early-stage exploration projects and project development. In consulting, she has focused on review of grade control operations, geological due diligence, resource estimation, and now extending her expertise to structural modeling and geometallurgy areas. Olga has worked on a wide variety of deposit styles and mineral types, covering a wide range of commodities.
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