"In 2016-2025, the two companies – Nizhne-Lenskoye and Diamonds Anabara (ALROSA subsidiaries) will commission nine new locations in two Arctic regions," - he said.
By 2025, companies plan to invest 2.8 billion rubles in the construction of industrial facilities. Capital investments in modernization and replacement of worn-out equipment is planned in the amount of 19.3 billion rubles. Also, exploration costs may amount to 7.5 billion rubles.
Currently, the companies are the owners of the licensed subsoil areas. They conduct the search, exploration and development of alluvial and kimberlite diamond deposits.