Areal Company Sells Balei Tailings Storage Facility
2026-06-12 13:51
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en.Wedoany.com Reported - Areal (Ареал) International Commercial Company (formerly Highland Gold (Хайлэнд Голд)) has sold its 100% stake in ZIF-1 LLC (ООО «ЗИФ-1»). This enterprise holds a mining license for the Balei ZIF-1 tailings storage facility (a technogenic deposit) in the Trans-Baikal Territory. According to the Unified State Register of Legal Entities, the transaction was registered on April 21. The new owner of the enterprise is Anatoly Pavlov, who also heads the private security organization "Alpha Security" LLC (ООО «Частная охранная организация «Альфа Безопасность»»).

In 2018, the board of directors of Highland Gold (Хайлэнд Голд) approved a project for heap leaching of tailings from the old Balei processing plant. The project planned an investment of $23 million over three years, originally scheduled to start in 2022. The design capacity is 840,000 tons of ore per year, with an expected average annual gold production of 15,000 ounces over an 11-year operating period. In 2024, the company tendered for construction and installation work on the project "Construction of a heap leaching complex based on the Balei ZIF-1 tailings technogenic deposit." There is currently no public data on the results of this tender or the progress of the project implementation.

In 2025, the revenue of ZIF-1 LLC increased by 22.21 times to 7.5 million rubles, with income derived from services provided. During the same period, the cost of sales increased by 7.52 times to 15.811 million rubles. The company's pre-tax loss amounted to 273.723 million rubles, compared to a profit of 16.595 million rubles in the same period last year. The net loss exceeded 205.98 million rubles, whereas in 2024 the enterprise ended the year with a net profit of 16.258 million rubles.

The ZIF-1 technogenic stockpile consists of tailings from the Balei gold processing plant, which have been stored on the right bank of the Unda River near the town of Balei since 1934. This processing plant treated ore from the Balei deposit and part of the Taseyevskoye deposit. As of 2018 data, the gold reserves of this technogenic deposit were 9,755 kg (average grade 1.078 g/t) under category C1, and silver reserves were 6.5 tons (3.8056 g/t) under category C1 and 21.8 tons under category C2.

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