22 Jul 2019
DiamondWorld Directory
Home |
News
Home
Alrosa makes significant discovery in 10 years
To up its expenditure on mining
By: Diamond World News Service
|
Aug 2 2007 12:00AM
|
Reference: 1213  

DecreaseIncrease

Alrosa has discovered three kimberlite pipes located 130 km from its Udachny mining division in Sakha. The discovery is estimated to contain diamonds worth $3.5 billion.

This discovery is significant, is estimates a production level of 1.2-2 million tonnes of ore per annum, a figure reached only 10 years ago. The estimated mine life is of 25 years. Alrosa stated that the kimberlite deposit in the Olenyok district of the Repubublic of Sakha (Yakutia) might contain larger reserves, which will be ascertained only after additional exploration into the depths of the mines.

Alrosa has increased its prospecting efforts in the northern part of the Yakutian diamond province, where the discovery has been made and has scaled its exploration outlay up to a level that overruns the maximum limit of diamond mining industry expenditures, during the Soviet era.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2019
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 15553
GJEPC Chairman Interview
Views: 14337
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 21200
Promo for IJ Awards 2012 at NDTV Profit
Views: 33965
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 37271
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 11832
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 35441
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 33452
Member of:
Supporter of: