Tati Nickel MD says mine can go to 2022

In an internal memo released yesterday, Russia national, Sergey Steshenko made a passionate plea to the miners to work very hard during trying times to keep the Tati mine afloat beyond its estimated end of the mine’s life in 2015.

He envisaged that once prudent operational measures are put in place, the mine earmarked for possible closure end of 2015 could get a new lease on life. “The production and financial position of TNMC remains precarious and requires all employees to work for a common purpose being ensuring its survival and being attractive to possible investors to enable TNMC life of mine extension for another seven years beyond 2015,” reads Steshenko’s memo.