OJSC «Seligdar»

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About the company

Gold mining holding «Seligdar» was established in 2008 on the basis of the assets of the «Seligdar» placer miner guild and five other gold mining enterprises. Besides the assets of the Guild, Seligdar includes the following companies:

  • OJSC «Seligdar gold»
  • LLC «Orenburg Mining Company»
  • LLC «Poisk» placer miner partnership
  • LLC «Euroart»
  • LLC «А.Z. International» (Kirgizia)
  • LLC «Ryabinovoye»

Seligdar OJSC has extensive experience of implementing mining facility construction and startup projects, exploring and developing gold deposits.

Starting from 1996, the Holding (initially – the Seligdar placer miner guild) has been successfully employing heap leaching technology of gold extraction. This method was for the first time applied in the climatic conditions of Yakutia. In the process of pilot operations the Guild has accumulated extensive experience of application of this new technology and attracted highly qualified experts from industry-wide. Gold extraction by heap leaching method allows achieving substantially lower prime cost compared to other extraction methods.

Over the past years the Holding has implemented the project of development of the Nizhneyakokitskoye deposit site (license holder – Seligdar Gold OJSC). The project was initiated in the spring 2006. During its implementation, geological survey was accomplished, the gold deposits were registered in the federal registry, and gold extraction facility (GIF) with the output of 2 thousand tons of gold per year was constructed. In June 2008, commercial operation of the site started.

By the end of 2008, Seligdar OJSC sold 2500 kilograms of gold. In 2009 the company intends to start full power operation of a new factory and sell 4400 kilograms of gold.