1. What is the stripping ratio at Pokrovskiy?
The stripping ratio, (i.e the ratio of waste to ore) at the Pokrovskiy Rudnik open pit operations is currently 4:1.
2. What type of mining operations does PHM operate (underground/open pit)?
All of PHM’s current operations are open pit operations. The depth of the pit at Pokrovskiy Rudnik is 80 m. The Group is also a participant in the Omchak Joint Venture which maintains underground operations on one of its enterprises.
3. How much did PHM invest in exploration last year?
The Group's total exploration and development budget for 2005 was US$34m.
The stripping ratio, (i.e the ratio of waste to ore) at the Pokrovskiy Rudnik open pit operations is currently 4:1.
2. What type of mining operations does PHM operate (underground/open pit)?
All of PHM’s current operations are open pit operations. The depth of the pit at Pokrovskiy Rudnik is 80 m. The Group is also a participant in the Omchak Joint Venture which maintains underground operations on one of its enterprises.
3. How much did PHM invest in exploration last year?
The Group's total exploration and development budget for 2005 was US$34m.
