UMMC begins sinking process at Jubilee field

UMMC has begun the sinking process at its Jubilee field.

UMMC has begun the sinking process at its Jubilee field.

UMMC announced on Monday that it has begun a sinking process at its Jubilee field in Bashkortostan, part of a 3.5-year program to install utilities and power stations at the future site of Jubilee’s administrative complex.

“Until the end of this year will be at least 40 feet from the trunk ready supply of all utilities,” UMMC Section Head Bayras Bilalov said.

Production of the Jubilee underground copper mine began in April 2010. When complete, Jubliee is expected to yield 2,625 tons of copper per year. In total, the UMMC plans to invest more than $42 million in Jubilee.

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