The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
Russia Mining News
Both rocks, said ALrosa, are believed to be gem-quality.
First discovered in 1961, Sukhoi Log in eastern Russia holds 62.8 million ounces of gold.
The world's largest diamond producer by output said market has refound its balance.
Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel.
The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.
Weak uranium market and new Tanzania’s regulations named the main culprits.
Russia's mining giant Norilsk Nickel (Nornickel) said on Tuesday it was in talks with German chemicals firm BASF to supply raw materials needed in the process for making lithium-ion batteries in Europe in the future.
New appointments include Russian billionaire
The miner's Jubilee pipe is famous for its large finds.
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
Russia’s biggest gold producer plans to sell 7% equity stake
Son of Putin ally to focus on reduced costs in new role as CEO
Scientists from the National University of Science and Technology MISIS (NUST MISIS) have studied and described the processes taking place in coal being extracted from mines.
PJSC ALROSA, the world leader in diamond mining, will participate in the development of a new diamond deposit in Angola.
In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.
Here are the top 10 diamond mines in terms of output in carats and value.
The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.
Two gold miners are dead and one is in critical condition after an underground gold mine near the Siberian city of Chelyabinsk partially collapsed.
The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.
Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia's exploration activities, suffered a double blow during this period.
Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.
Tom Beck, editor of Portfolio Wealth Global, says if he's learned one thing in the markets, it is that Jim Rogers never misses a big long-term investment thesis, and that Rogers has basically told investors to "forget China, buy Russia."