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ALROSA Subsidiary Starts Mining at Karpinskogo-1 Kimberlite
Oct. 06, 2014 04:31PM PST
Diamond InvestingALROSA (MCX:ALNU) announced that its subsidiary, Severalmaz JSC, has begun ore mining at the Karpinskogo-1 kimberlite pipe. The pipe is part of the Russia-based M.I. Lomonosov deposit.
ALROSA (MCX:ALNU) announced that its subsidiary, Severalmaz JSC, has begun ore mining at the Karpinskogo-1 kimberlite pipe. The pipe is part of the Russia-based M.I. Lomonosov deposit.
As quoted in the press release:
Stripping operations at a depth of about 36 meters on Karpinskogo-1 preparing the ore body for mining were held from 2009. In 2014 Karpinskoog-1 pipe will produce 0.6 million tons of ore, since 2015 this amount will increase to 2 milliion tons of ore per year. Large-scale ore processing will start in 2015. In the end of 2014 Severalmaz will refine small amounts of ore in a test mode to approve diamonds grade and adjust processing technology.
Click here to read the full ALROSA (MCX:ALNU) press release.
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