Alrosa Restarts Operations at Zarya Mine

By Rapaport News / June 27, 2021 / www.diamonds.net / Article Link

RAPAPORT... Alrosa has resumed production at its Zarya open-pit mine in Yakutia after closing it for more than a year.The first ore from the site since its reopening has already gone to the processing plant, Alrosa said last week. The miner suspended operations at Zarya and the rest of its Aikhal division in May 2020 due to the heavy impact of the coronavirus pandemic on diamond demand.Zarya has some of the lowest margins in the company because of the types of diamonds it produces, making it a good candidate for closure, the miner noted. It also closed the Aikhal underground deposit for the same reason. In the second half of 2020, the government gave its approval for Alrosa to reopen Zarya, as demand had improved.In 2019, its first year of operations, Zarya produced 38,000 carats, while last year the site yielded 257,000 carats. In 2021, the company plans to recover over 1.2 million tonnes of ore at the site, it said.Separately, Alrosa's board members reelected Anton Siluanov, Russia's minister of finance, as chairman at a June 24 meeting. Aysen Nikolaev, head of the Republic of Yakutia, was also reelected first deputy chairman, while Alrosa CEO Sergey Ivanov was once again chosen as deputy chairman.Image: Alrosa's Zarya deposit. (Alrosa)

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok