Russias ALROSA confirms diamond reserves, resources under JORC - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russias ALROSA confirms diamond reserves, resources under JORC

888MOSCOW, Nov 21 (PRIME) -- Russias uncut diamond mining giant ALROSA has confirmed its diamond reserves and resources under JORC Code at 967.5 million carats as of January 1, the company said Wednesday.

Diamond reserves account for 630.6 million carats, with proved and probable reserves amounting to 9.393 million carats and 621.162 million carats, respectively.

This is the companys first reserves audit provided by Micon International Co. The estimate includes ALROSAs largest deposit, which account for about 70% of its mineral resource base. The audit does not include ALROSAs share in Angolas Catoca Mining.

ALROSA generates 30% of the worlds uncut diamond output. In 2011, it mined 34.6 million carats of diamonds - a 1% increase.

End

21.11.2012 13:29
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.0926 +0.2850 13 nov
USD 67.5238 +0.6741 13 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1114.75 -0.59 18:50 12 nov
micex 2393.81 -0.40 18:50 12 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 150.89 -1.50 18:49 12 nov
lkoh 5129.00 +0.68 18:49 12 nov
rosn 463.50 -1.09 18:49 12 nov
sber 196.82 +0.55 18:49 12 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.2550 -0.1300 14:59 12 nov
USDTD 67.4300 +1.0275 17:44 09 nov