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Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
Yesterday
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Newly developed Mayskaya diamond pipe will drive ALROSA’s output to 35-36 M carats by 2025-2026
The Mayskaya pipe is located in the Nakyn ore field, close to ALROSA’s existing Botuobinsky and Nyurbinsky open pits and processing plant #16. Once the production has achieved its design capacity of 300,000 tonnes of ore per annum, the deposit will bring approximately 1 million carats a year.
“Our exploration team discovered this relatively small pipe in the 2000s. In Yakutia, as is the case across the whole world, there are hardly any more primary diamond deposits coming to the Earth’s surface. It will take several years to complete the development of the deposit. However, the pipe is located close to the processing plant and other assets, which simplifies its development and reduces costs. This is one of the projects that will help ALROSA to achieve its mid-term production outlook of 35-36 million carats by 2025-2026,” said Alexey Kovalenko, Head of of the Mirny-Nyurba Division.
2021 ALROSA production outlook is ca. 32.5 million carats.
The Mayskaya pipe was discovered in 2006. It is located 3 km southwest of the Botuobinskaya pipe in the Nyurbinsky district of Yakutia, which is approximately 300 km from the town of Mirny. Detailed geological exploration was completed in 2015. The deposit’s total JORC resources are estimated at 12.7 million carats, capital expenditures are planned at around $75 million at the current exchange rate (RUB 5.6 billion) and included in the company’s official capex outlook.
Vladimir Malakhov, Rough&Polished