Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, reports about getting the right to use subsurface resources in the deep horizons tube "Jubilee."
"ALROSA" has the right to use subsoil for exploration and mining of diamonds in the deep horizons of the deposit tube "Jubilee" Aikhal mine. The lower boundary of the license area is changed from 1,030 to 1,300 meters from the surface. The depth of the license area increased by 270 meters. Stocks of the ranges of depth of 7.4 million tonnes of ore and 5.4 million carats.
Exploration of deep horizons will provide the data necessary for further mine design in connection with working in the future stocks of the overlying horizons of the deposit.
"Successful implementation of the ore body exploration within a specified interval to extend the life of the field, which in turn will increase the mineral resource base" ALROSA ", - says the vice-president of" ALROSA "Rinat Gizatulin.
Currently, the mining of "Jubilee" of the tube being open way. During the first 9 months of 2016 the volume of diamond production from the field was 6.9 million carats.
Aikhal Mining and Processing Plant (GOK), built in 1986, is a producer of diamonds on the following sites: Career "Jubilee" and "Komsomolsky" mine "Aikhal". The share of the plant in the total production of the Group ALROSA diamonds accounted for 32% in 2015.
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The amount of funds that consumers in the US have spent this past February 14 Valentine's Day, is expected to fall by 8% compared to last year, to $ 4.45 billion, according to the National Federation of retailers (National Retail Federation, NRF), which results in data Rapaport portal.
A study conducted by Prosper Insights and Analytics for NRF, found that 19.9% of respondents planned to give their loved ones a piece of jewelry, while in 2015 the percentage of such people was 21.1%. Those who are planning to give jewelery, plan to spend an average of $ 166.08, which is 3.7% less than in 2015 ($ 172.38).
"Valentine's Day is the first major consumer holiday in the calendar 2016 in the US, and may spur consumer spending, which so needs the US economy - said Mettyu Shey (Matthew Shay), President and CEO of NRF -. Lower gasoline prices and internet stocks of a number of retailers to help consumers find gifts for family and friends. in the future, we are optimistic about the prospects for growth in consumer spending on gifts and other optional purchases in the United States. "
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