|
RAPAPORT... ALROSA released the results of its first mineral audit, which covered about 70 percent of its Russian resource base, excluding the Catoca venture in Angola.
The audit was carried out by Micon International Co. Ltd. in compliance with JORC standards. As of January 1, 2012, ALROSA had 967.5 million carats in rough diamond resource, with 9.4 million carats measured, 646.5 million indicated and 311.6 million inferred. The mining giant held 630.6 million carats in reserve with 9.4 million proven and 621.2 million carats categorized as probable. ALROSA intends to provide additional reserve updates on a periodic basis and also expand the scope of its JORC audit to include other deposits in the future, according to its statement. This first audit covered the Udachny, Aikhal, Mirny, Nyurba, Lomonosov and Anabar assets in Russia.
|