Russian Mining Excellence Awards

6th RUSSIAN MINING EXCELLENCE AWARDS

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The 6th MINEX “Russian Mining Excellence” Awards Committee is pleased to present nominations and winners of the 2012 awards.

About the Award

The annual “Russian Mining Excellence Award” was established by the MINEX Russia Forum in 2007. The purpose of the award is to contribute to the competitive spirit and promote best achievements in the Russian mining industry. The award has become an instant success offering an unbiased and independent platform for day-lighting success stories and awarding Russian and International companies and individuals for their outstanding achievements in improving mining industry standards and practices in Russia.

Decisions on the award winners are based on the results of public online voting and opinion provided by the independent experts, participating in the Awards Committee. The committee members are elected for two years.

Winners

NOMINATION “PROSPECTOR OF THE YEAR”

Nordgold

For successful exploration and evaluation at Taborninskoye ore field that resulted in discovery of a significant gold deposit Gross. The C1 + C2 reserves of the deposit amounting to 22.3 tons were audited and confirmed by GKZ and were included in the State Balance in 2012. The exploration works identified significant potential of the deposit preliminary estimated to exceed 100 tons.

NOMINATION “PROJECT OF THE YEAR”

North-West Phosphor Company

For successful development of a large apatite-nephelinic mine and a processing factory at Oleniy Ruchey and Partomchorr, Murmansk Region. The commissioning of the mine will foster growth of apatite concentrate production in Russia.

NOMINATION “INVESTOR OF THE YEAR”

Mechel-Mining

For successful development of Elghinskoye field, a world class coking coal deposit. Total amount of investments planned for 2012 reaches USD 350 million. Total amount of the project investments at the end of 2011 is USD 1.26 billion.

NOMINATION “MINING UNIVERSITY OF THE YEAR”

Moscow State Mining University

Winner selected by the Awards Committee.

NOMINATION “INNOVATOR OF THE YEAR”

Kinross Gold Corporation and Micromine Rus

For successful development and adoption of the first system in CIS for managing and dispatching underground mining works. The system covers a number of aspects from mine rock movement and grade control to monitoring equipment status. The system allows to consolidate all necessary information on mining work and centralise control over hazardous mining conditions and labour safety.

HONORARY REWARD “MINING LEGEND”

Kozlovskiy Evgeniy Alexandrovich

Doctor of Technical Sciences, professor, laureate of Lenin and State Awards, Honoured Scientist of the RSFSR, Honoured Geologist Russia, honorary doctorates from a number of domestic and foreign universities.

In 1965-1975. Head of Technical Department, member of the Ministry of Geology RSFSR VIEMS Director, Deputy Minister of Geology of the USSR, from 1975 to 1989 – Minister of Geology of the USSR, member of the Supreme Soviet of the USSR

(1976-1989), President XXVII Session of the International Geological Congress (Moscow, 1984), chairman of the Interdepartmental Scientific Council

SCST USSR on the study of the Earth’s interior and ultra-deep drilling (1974-1989).

Professor, Russian State Geological Prospecting University (RGGRU), Director General of the Institute of Geological and Economic Problems (IGEP), Vice President of Natural Sciences, a member of the Supreme Mining Council of Russia.

NOMINATION “EVENT OF THE YEAR”

EVRAZ Holding

EVRAZ Holding is awarded in the Category “Event of the Year” for its Premium Listing and joining the FTSE 100 Index of the London Stock Exchange on 7 December 2011. EVRAZ became the only steel company to have been included in the FTSE100 Index thereby providing the investors with an alternative to pure mining stocks. The inclusion in the index together with the admission to the Main Market of the London Stock Exchange are marks of recognition by the capital markets of the strength and diversity of its assets, the quality of management and the prospects of the company’s business.

Polymetal International plc

Polymetal International plc is awarded in the Category “Event of the Year” for its Premium Listing and joining the FTSE 100 Index of the London Stock Exchange in 19 December 2011. The listing was organised against the background of volatile markets and coolness towards mining companies with links to the former Soviet Union. Polymetal’s Premium Listing along with the inclusion into the UK market’s most prestigious index is an endorsement by the UK and international financial markets of the company’s excellent corporate governance and increased liquidity of its stock, in addition to world class portfolio of assets coupled with significant growth opportunities and a strong management team.

Nominations

Applications are accepted from companies and individual for the nomination in the following categories:

LIST OF NOMINATION CATEGORIES 2012

Category 1. Prospector of the Year

Description: For achievements in exploration

Nominee: Private or state owned company operating in Russia

Evaluation criteria: Achievements that will enable the expansion of mineral resources and the substantial increase in reserves, including 1) the discovery of new fields, 2) a significant increase in reserves of previously discovered fields and 3) revaluation of reserves at previously explored sites

Procedure for nomination: Self- nomination, nomination by the third party, and / or members of the Awards Committee

Category 2. Project of the Year

Description: For the successful implementation of significant for Russia’s Mining Industry project

Nominee: Private or state owned company operating in Russia

Evaluation criteria: Successful (large-scale and effective) development of a project in the mining sector during the period between two MINEX Russia forums. Creation of a World-scale Mining project mining in Russia.

Procedure for nomination: Self- nomination, nomination by the third party, and / or by members of the Awards Committee.

Category 3. Investor of the Year

Description: For the successful execution of significant investment project(s) in the Russian mining sector.

Nominee: Private or state owned company or investor

Evaluation criteria: Attracting significant volume of investments to a mining project / Successful organisation of funding for the development of large-scale project at an early stage and / or in circumstances that make attracting financial resources difficult. When assessing, the total investment in the mining sector that was made in the period between two MINEX Russia Forums will be taken into consideration.

Procedure for nomination: Self- nomination, nomination by the third party, and / or by members of the Awards Committee.

Category 4. Mining University of the Year

Description: For contribution to the development of higher mining education

Nominee: Mining University, College or provider of Higher Education institution.

Evaluation Criteria: Nominees are preselected by the winners of the previous MINEX Russia award (2011) in the following categories: Prospector of the Year/ Project of the Year / Investor of the Year. If no suggestions were received from the winners, The MINEX Awards Committee can propose nominees.

The procedure for nomination: Nomination by winners of the previous year in the categories prospector of the year, Project of the Year, Investor of the Year, or nomination by members of the Awards Committee.

Category 5. Innovator of the Year

Description: For contributions to the development and application of new technologies

Nominee: A company or organisation

Evaluation criteria: The development and application of new concepts, technologies and / or innovative approaches that will significantly increase the productivity and the level of profitability in the mining sector and that can be replicated in other mining enterprises.

Procedure for nomination: Self- nomination, nomination by the third party, and / or by members of the Awards Committee

Category 6. Responsible Miner of the Year

Description: For contribution to the health and safety, increasing environmental safety and responsibility in the mining business.

Nominee: A company or organisation

Evaluation criteria: Design and implementation of activities that contributed to a substantial improvement of standards in the areas of health and safety in mining and mineral exploration, environmental and industrial safety.

Procedure for nomination: Self- nomination, nomination by the third party, and / or by members of the Awards Committee

Category 7. Mining Legend

Description: For a significant personal contribution to the development of the Russia mining industry

Nominee: Managers, scientists and employees of companies, organisations and government agencies

Evaluation criteria: Exceptional and recognised personal contribution to the development of mining and geology in Russia / CIS (for example, led the company to success, introduced advanced technology, has achieved a significant increase in the effectiveness of the mining sites)
The procedure for nomination: Nomination by members of Awards Committee

Category 8. Event of the year

Description: The most significant event of the year in the Russian mining industry

Nominee: Company, organization or a person

Evaluation Criteria: The most significant event in the industry that took place in the period between two MINEX Russia Forums and that had significant and positive effect on the mining and mineral exploration in Russia / CIS.

Procedure for nomination: Self- nomination, nomination by the third party, and / or by members of the Awards Committee

[Comment concerning procedure for the selection of nominees for the category 8 "Event of the Year":
For the selection of the nominees in addition to applications for nominations submitted directly to this category, members of Awards Committee will also consider the applications submitted in the categories 1, 2, 3, 5 and 6, provided that they meet the assessment criteria in the category 8 "Event of the Year" .]

Submit Application

How to submit application
for the MINEX Russia 2012 Awards Nomination

  1. To submit proposal for the nomination of the company or project, please submit completed form no later than 30 June 2012 to: .
  2. NB. To maintain the high professional level of the awards The MINEX Awards Committee reserves the right to accept or reject applications which do not meet the Awards criteria.

  3. Once the application has been accepted, the applicant will be required to submit accompanying information (when required) no later than 15 August 2012.
  4. Nominations it the Categories 1, 2, 3, 5, 6 and 8 will be announced on 1 September 2012 on the website of MINEX Russia 2012 Forum and internet voting process will commence soon after.
  5. The Award nominees and winners will be announced at the Gala Dinner on 3 October in Moscow. All nominees will receive diplomas. The award winners will also receive handmade bronze sculpture of Miner set on the semiprecious stone plinth and metal plated plaque.
  6. Award nominees and winners will be invited for the award group photo and awards interviews recorded for MINEX TV (internet video recordings of the forum highlights).

Information about previous nominations and winners can be found at MINEX FORUM website.

Steering Committee

Awards Steering Committee

Chairperson

Alexei Smirnov, PwC

Committee members

  • Denis Alexandrov, Auriant Mining
  • Mikhail Leskov, Artel “Amur”
  • Tatiana Linde, GKZ
  • Alexander Lopatnikov, American Appraisal
  • Vadim Petrov, MSMU
  • Arthur Poliakov, Advantix
  • Tatiana Rovenskaya, VTB Capital
  • Roman Schetinskiy, GV Gold
  • Dmitriy Zheldakov, NAEN