Russia's Verkhne-Munskoye mine produces yet another rough stone

By Staff reporter / February 27, 2019 / www.idexonline.com / Article Link

The Verkhne-Munskoye, one of the largest diamond mines in the world, produced a unique gem-quality rough diamond weighing 98.8 carats. The stone was found in the Zapolyarnaya kimberlite pipe.

The mine Verkhne-Munskoye, which is operated by ALROSA, is located in the Sakha Republic, also known as Yakutia. Reportedly, the mine has estimated reserves of 40 million and is projected to produce 1.8 million carats annually.

The gem-quality 98.8-carat stone is an octahedral, with inclusions in the peripheral and intermediate zones. It is transparent with a visible yellow shade.

"This is the second major find since the launch of the deposit last October. It allows us to speak about the great potential of the Verkhne-Munskoye deposit. Not every kimberlite pipe regularly brings large diamonds over 50 carats. Especially when it comes to such a large crystal, like this one - weighing almost 100 carats. Despite some inclusions, it is clear that this is a high-quality stone. After a detailed study and evaluation, I believe it will be transferred to Diamonds ALROSA cutting and polishing division,"Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at ALROSA, said.

The first large gem-quality diamond was mined here in the late fall, shortly after the official launch of the deposit on October 31, 2018. The weight of the crystal was 51.49 carats.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok