KAZ Minerals is responsible for the restoration and rehabilitation of land following the closure of its mining sites.
The Group is committed to rehabilitating mining sites after closure, as is required by law in Kazakhstan and Kyrgyzstan. The operations’ General Directors are responsible for the Group’s compliance with closure and rehabilitation obligations. The Group periodically reviews and updates closure plans for each of its sites, including calculating the likely costs associated with closure. Provision is made to cover the costs of closure and rehabilitation and amounted to $74 million at 31 December 2019. The provision represents the discounted values of the estimated costs to decommission and reclaim the mines based on the current estimated life of mine of each deposit. In December 2016, mining operations at Yubileyno-Snegirikhinsky ceased as mineral resources at the mine were fully exploited. A closure plan was designed and agreed with the local authorities. Under the rehabilitation programme, the majority of surface buildings such as accommodation blocks, offices, and associated utilities were transferred to the local government authorities to be re-purposed for use by small and medium sized businesses. In October 2019, the closure process for the Yubileyno-Snegirikhinsky mine was completed and the Kazakhstan Regional Environmental Commission approved the closure of the mine. The overall strategy for the site is forestry reclamation, to restore the landscape to its original condition.
Yubileyno-Snegirikhinsky mine site area in 2019
Yubileyno-Snegirikhinsky mine site area in 2018
Workers installing the impermeable geomembrane over the waste dumps in 2018
Yubileyno-Snegirikhinsky mine site area
The reforestation plan is expected to take up to 4 years
Workers installing the impermeable geomembrane over the waste dumps