Alrosa is to build a new $1.5bn mine at Mir, following the 2017 flooding disaster that claimed eight lives.Work will start later this year and the first industrial production is expected in 2030-31 Aisen Nikolaev, head of the Sakha (Yakutia) Republic, where Alrosa is headquartered, has appraised Russian President Vladimir Putin of the development.
"We have been designing a new mine over the years, it is fully designed. The company is already allocating investment funds," said Aisen Nikolae. "We have received approval from the government of the country. Through the Supervisory Board, all decisions have been made, and this year we are starting this largest project."
Reserves of almost 38m carats have been identified there, according to Alrosa's former CEO Sergei Ivanov.
For more Updates Do follow us on Social Media
Facebook Page https://bit.ly/3blw5Rg
Instagram https://bit.ly/3MsRHbP
YouTube https://bit.ly/3LjGj2L
Twitter https://bit.ly/3E9IO5U
Linkedin https://bit.ly/3M17Xlk
WhatsApp Group https://bit.ly/JEWELBUZZ
Comments