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Igor Semenov

Igor Semenov

Executive Director, First Ore Mining Company
Quotes
09.04.2019
International Arctic Forum 2019
Extracting Solid Mineral Deposits in the Arctic: Increasing Investment Appeal
We are working on a development scenario for Pavlovskoye deposit that is at the intersection of mining, shipbuilding and digitalization. This innovation is about using the geographical coastal location of the deposit and extracting metal front ore on a special production and utilities barge grounded next to the open pit
09.04.2019
International Arctic Forum 2019
Extracting Solid Mineral Deposits in the Arctic: Increasing Investment Appeal
Arctic conditions have a substantial impact on the period of navigation, productivity, and cost of labour. Work force for construction has to be brought from other regions, and, as a result, higher expenditure on transportation and salaries with larger increments increase the labour costs by up to 50% compared to those in the south. <…> High costs of fuel, material and equipment transportation make operations more difficult and account for a substantial part of project’s budget