Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

GemsCouture- avant-garde by Victor Moiseikin

Jewelry items and precious souvenirs of the MOISEIKIN jewelry brand are in the museums and private collections of world celebrities, representatives of the political and cultural elite - from Xi Jinping to the British Windsors, from Angela Merkel to...

05 june 2024

Oksana Senatorova: The trend is a decrease in regional jewelry retailers and an increase in large federal store chains

Oksana Senatorova has long been known in the Russian jewelry community as an expert in the jewelry market. During her visit to the Junwex New Russian Style exhibition held in May in St. Petersburg, Oksana Senatorova answered the Rough&Polished correspondent’s...

28 may 2024

Polyus sells a gold deposit to ALROSA

01 july 2024

Anabar Diamonds, part of the ALROSA group of companies, acquired the Dyegdekan gold deposit in the Magadan region of Russia from the Krasnoyarsk division of PJSC Polyus.

The explored reserves of the deposit, according to the State Commission for Mineral Reserves, are estimated at approximately 100 tons of gold, including balance reserves of C1+C2 categories at 38 tons, with an average content of 2.2 g/t (not including off-balance reserves). Polyus owned the license for the Dyegdekan deposit from 2005.

Anabar Diamonds plans to begin development of the deposit after updating the feasibility study.

“According to the preliminary plan, the field is planned to be put into operation in 2028. Annual gold production after reaching design capacity in 2030 is estimated at 3.3 tons. The deposit’s mine life is until 2046,” noted the company’s CEO Alexey Okorokov.

Meanwhile, head of ALROSA Pavel Marinychev said that the new acquisition of the deposit by a subsidiary company would be positive for the diamond miner.

“The ALROSA group of companies has accumulated extensive experience in the field of associated gold mining, which we will use and develop for this prokect. The development of the gold deposit will provide an additional synergistic effect for ALROSA’s business and will help increase its financial stability in the long term,” he said.

Theodor Lisovoy, Editor in Chief, Rough&Polished