30.06.2017, 16:16
60% of ALROSA’s investments are used for diamond mining development – Sergey Ivanov
Source: Alrosa
OREANDA-NEWS. In 2016, ALROSA’s investments in underground mines and other core production facilities amounted to RUB 16.5 billion or 60% of the Company’s total capital investments. Over RUB 7 billion was allocated to technical upgrade and replacement of worn-out equipment, RUB 2.7 billion was invested in ancillary facilities. Such figures were announced summarizing the results of the Annual General Meeting of Shareholders.
The Company invested a substantial amount – almost RUB 5.5 billion – into the construction of Udachny underground mine. Persistent efforts were also taken to support existing facilities at Mir, Internatsionalny, and Aikhal underground mines.
The Company started developing a new primary diamond deposit – Zarya. It is one of ALROSA’s largest investment projects and its development guarantees loading of existing capacities of Aikhal Mining and Processing Division for at least two decades ahead.
Mir underground mine reached its design capacity of 1 million tons of ore per year, its proved reserves will be sufficient until 2057.
The Company invested a substantial amount – almost RUB 5.5 billion – into the construction of Udachny underground mine. Persistent efforts were also taken to support existing facilities at Mir, Internatsionalny, and Aikhal underground mines.
The Company started developing a new primary diamond deposit – Zarya. It is one of ALROSA’s largest investment projects and its development guarantees loading of existing capacities of Aikhal Mining and Processing Division for at least two decades ahead.
Mir underground mine reached its design capacity of 1 million tons of ore per year, its proved reserves will be sufficient until 2057.
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