Alrosa Resumes Mining at Zarya

By John Jeffay / May 21, 2023 / www.idexonline.com / Article Link

IDEX Online) - Alrosa says it has resumed mining at its Zarya kimberlite pipe for the first time in 16 months. 

The new 300-meter deep deposit in Yakutia, eastern Russia, cost $188m and is one of the company's biggest investment projects in recent years.

Alrosa announced on its Telegram channel that the processing plant re-opened earlier this month.

Zarya pipe produced 38,000 carats, in 2019 and 257,000 carats in 2020.

It was responsible for just 0.9 per cent of the group's total output, was put on care in maintenance in May 2020.  

Alrosa said Zarya was among its lower margin mines due to the quality characteristics of its stones.

Demand for Russian diamonds remains high, despite attempts by the US to sanction its output and moves by individual jewelry retailers to blacklist the country.

Pic shows Zarya, courtesy Alrosa

Recent News

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com

US a major market for Canadian mineral exports

November 11, 2024 / www.canadianminingreport.com

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok