Moscow: A diamond weighing 30 carats which was found in early 2017 at the Arkhangelskaya kimberlite pipe was the last piece to bring Severalmaz diamond production to ten million carats from its Lomonosov deposit.
"Industrial development of the Lomonosov deposit began in 2005. Before that we carried out geological surveys, and best practices were studied for diamond mining. So the first production of 10 million carats is the result of the tremendous work of all employees and a perfect gift to celebrate our 25th anniversary with our parent company ALROSA,"- said General Director of Severalmaz Andrei Pismenny.
He also noted that Severalmaz has recently reached projected parameters for the industrial production of 4 million tons of ore per year. This means that 2.4 million carats will be produced in 2017. In future, the company plans to increase production to 5 million carats per year and to start the development of Pionerskaya and Lomonosov diamond pipes.
PJSC Severalmaz is the subsidiary of the ALROSA Group in the Arkhangelsk region. It is developing a Lomonosov deposit, consisting of 6 kimberlite pipes with inferred resource over 115 million carats.
