Dvoinoye Gold Mine
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| Location | |
|---|---|
  Dvoinoye mine Location in Chukotka | |
| Location | Anadyr Highlands |
| Federal subject | Chukotka Autonomous Okrug |
| Country | Russia |
| Coordinates | 67°38′01″N 169°13′34″E / 67.63361°N 169.22611°E |
| Production | |
| Products | Gold |
| History | |
| Opened | 2013 |
| Owner | |
| Company | Kinross Gold |
| Website | www |
The Dvoinoye Gold Mine is an underground gold mine in the Bilibinsky District of the Chukotka Autonomous Okrug of Russia. The mine is owned by Canadian mining company Kinross Gold and is approximately 100 kilometres (60 mi) from their Kupol Gold Mine. Originally the site of a surface mine, Kinross acquired the property in 2010, and built the underground mine at a cost of US$360-million. The mine began production in 2013.
In 2010 Kinross acquired the rights to the Dvoinoye property, which is located approximately 100 kilometres (60 mi) from another Kinross mine, Kupol.[1] The property was purchased from Northern Gold; an open pit mine previously operated on the site, producing 250 tonnes per day, six months per year. After acquisition, Kinross completed diamond drilling on the property, and a feasibility study.[2] Production began at the mine in October 2013,[3] and the mine was built "on time and on budget" at a cost of US$360-million.[4]