RAPAPORT… Alrosa has started diamond production at a new
deposit in Yakutia with an expected mine life of 11 years, it said Wednesday.
The Zarya pipe will help compensate for the diminishing resources at the miner’s Komsomolsky open-pit site, Alrosa noted. It will have
the capacity to process 1.25 million tonnes of ore per year. Zarya, which is in
the Aikhal division, cost the Russia-based miner RUB 12 billion ($187.3
million) to launch.
“It is a landmark event for both Alrosa and our country,”
said the miner’s CEO, Sergey Ivanov. “It is already the second deposit launched in Yakutia
in such a short span of time.”
The company began operations at the Verkhne-Munskoye deposit in Yakutia
in October.
Image: Rough diamonds. (Alrosa)
Alrosa Launches Zarya Diamond Mine
The Bottom Line
- The Zarya mine in Yakutia has an expected operational life of 11 years and will process 1.25 million tonnes of ore annually.
- The project cost Alrosa RUB 12 billion ($187.3 million) and is part of efforts to sustain production amid resource depletion at Komsomolsky.
- Zarya is the second deposit launched by Alrosa in Yakutia within a short period, following the Verkhne-Munskoye deposit opening in October.
Summary by Rapaport AI
More Stories

US SEC Charges Former Lugano CEO with ‘Massive Fraud’
Mordechai Ferder allegedly ran a scheme that caused jeweler to record more than $1 billion of fictitious revenue.

Bulgari 10ct. Sapphire Ring to Sparkle at Phillips
Piece has a $1.2 million high estimate at the Hong Kong Jewels Auction.

CIBJO Sticks with ‘Synthetics’ Moniker Despite Industry Pushback
Organization received letter from group of senior trade members requesting a deferral of final decision.
