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However, the Russian giant noted that stronger pricing, particularly in the first half of 2018, meant sales by value increased by 6% to $4.4 billion. The state-controlled miner informed an 8% fall year-on-year. Micon also reported a rise in reserves and resources for the prolific Jubilee and Karpinskogo-1 pipes, Almazy Anabara and a number of other deposits.Įarlier in the week, Alrosa issued a different report related to its sales volumes. Here, reserves contain between 6-7 carats per tonne on average. In this case, measured resources were estimated in 57,227 kct, while indicated resources were 10,480 kct. The largest pink diamond the miner found up until now weighed 3.86 carats. The Aikhal mine is located in the country’s northeast. World Credit: Alrosa Almazy Anabara, a subsidiary of Russian mining giant Alrosa, has recovered a large pink rough diamond weighing 27.85 carats at Severalmaz kimberlite pipes in the Almazy Anabara mine in Russia. Approved reserves of International pipe are characterized by a high diamond content in ore, about 7-8 carats per tonne on average. Mineral resources in the measured category are 20,157 kct, while in the indicated category are 29,608 kct.

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The international mine, which reached full production rate of 500 kt/a in 2002, is located 16 kilometres south-west of the town of Mirny, in east-central Russia. On the positive side, Micon reported an increase in reserves and resources indicated for Aikhal and International underground mines is due to extending the estimate’s perimeter to cover the deeper levels of these mines.

The reserves estimate also excludes the Mir underground mine, located in eastern Siberia, where operations were suspended in August 2017, after water flooded into the mine shaft from the open-cast above trapping 151 people. in Angola, in which it has a 32.8% share. Alrosa asked the consultants to exclude the operations of Catoca Ltd. In detail, the report includes an evaluation of the deposits developed by the company’s four principal divisions, the Udachny, Aikhal, Mirny and Nyurba mining and processing divisions, and also by the subsidiary mining companies, PAO Severalmaz, and AO Almazy Anabara. 30.Mirny, Sakha Republic, Russia, November 14, 2013. The largest lot is 47.55 carats.Īlmazy Anabara is the branch of Alrosa that recently recovered a 27.85-carat gem-quality pink diamond that is the largest pink ever found by Alrosa and is likely to produce the most valuable stone in company history.Īlrosa said a total of 67 companies from the United States, Belgium, India, Israel and China have applied to bid at the auction. There will be 72 gem-quality lots up for bid totaling 1,170 carats, all mined from the deposits of PJSC Alrosa and its subsidiaries, JSC Almazy Anabara and PJSC Alrosa-Nyurba.

On Monday and Tuesday, Alrosa is scheduled to hold an international auction of large (10.8+ carat) rough diamonds at the Eurasian Diamond Centre in Vladivostok. Rough diamond sales accounted for $3.29 billion of that, while polished sales were $68.1 million. In the first nine months of 2017 (January through September), Alrosa’s rough and polished sales have totaled $3.36 billion. “However,” he noted, “we expect traditional revival of the market situation in the fourth quarter as the industry starts to prepare for the winter holiday season.” Vice President Yury Okoyomov said September 2017 sales are below those of September 2016 due to the earlier Diwali this year, which also impacted De Beers’s most recent sales results. The Moscow-headquartered company said that its September sales totaled $309.7 million: $305.8 million in rough and $3.9 million in polished diamonds. Moscow-Russian diamond mining company Alrosa has released its sales results for September and announced details of an auction of large rough scheduled to take place this week.