The ALMAR - Diamonds of the Arctic company reported its operational results at the Beyenchimee deposit in Yakutia to the State Commission on natural resources.
The diamond field is located near the river of the same name. For the company, it is one of its key projects, the press service of ALMAR reports.
Commercial production at Beyenchimee is not underway yet. ALMAR specialists are focused on geological exploration and other preparatory work. The company, as pronedra.ru reported, plans to start production in 2024. The deposit has quite promising reserves.
The company's report indicates significant C1+C2 reserves of alluvial diamonds of industrial categories. They are concentrated in braids, riverbeds and floodplains. The total reserves are estimated at almost 449,030 carats and almost 1.58 million cubic meters of sand. Proven reserves increased by 32% compared to previous calculations.
On average, Beyenchimee contains 0.28 carats of diamonds and 10.9 mg of gold per cubic meter of sand. In addition to this deposit, ALMAR is developing the Khatystakh field. Exploration expenses in the first half of 2023 are estimated at 120.6 million rubles.
ALMAR expects a further increase in proven reserves by the end of 2023. The work is being carried out despite the difficulties that have arisen due to geopolitical tensions. Sanctions affected many Russian industries, including gold and diamond mining. However, businesses are finding ways to adapt to new conditions.
Alex Shishlo for Rough&Polished