Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

ALROSA launches mining on Karpinskogo-1 pipe

06 october 2014
Severalmaz JSC, a subsidiary of ALROSA, starts ore mining on Karpinskogo-1 kimberlite pipe of the deposit named after M.I. Lomonosov in Arkhangelsk region.
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.
The M.I. Lomonosov deposit consists of 6 kimberlite pipes with 126 million tons of ore reserves under the JORC standards. The JORC reserves of Karpinskogo-1 pipe amounted to 31 million tons of ore containing more than 33 million carats of diamonds.
Since 2005 Severalmaz diamond mining took place at Arkhangelskaya kimberlite pipe. By 2013 Severalmaz diamond production amounted to 0.5 million carats per year.
On march 2014 Severalmaz put into operation the second module of the processing plant increasing its processing capacity from 1 to 4 million tons of ore. New processing module and start of mining at Karpinskogo-1 will increase Severalmaz diamond production to 2 million carats in 2015 and to more than 5 million carats hereafter.
Development of Severalmaz is an important part of ALROSA growth strategy. In 2014 ALROSA diamond mining level is planned to amount 36 million carats. According to the Group strategy ALROSA will increase production to 41 million carats by 2021.
ALROSA is the world’s largest diamond producer by carat. The company is engaged in the exploration, production, processing and sale of diamonds. Its mining operations are located in the Republic of Sakha (Yakutia) and the Arkhangelsk Region. In 2013, ALROSA produced 36.9 million carats of rough diamonds earning RUB 168.5 billion in revenues.