Russia and Alrosa Mining

On the subject of diamond mining, Alrosa is the solitary name that would set in the populaces cognizance. The said corporation, which has been present in this production for approximately 20 years, centers its attention to discovery, fabrication and trade of diamonds. Alrosa Mining is considered as one of the chief diamond mining companies in the world and is owned by the Russian government in partnership with local departments. This Corporation produces above 90% of diamonds in Russia that is equal to 25% of the worlds diamond manufacture.

North Russia and Yakutia are the places where the aforementioned company decided to operate and place their mining locale. These sites, both underground and open-pit mines, can be found in Udachny, Mirny, Alkhail and Nyurba. Aside from the former, Alrosa Mines also have operations with Almaz Anabara, Severalmaz and Catoca. Such mining sites contribute to the prosperity of Alrosa, making it one of the major producers when it comes to diamonds.

Alrosa didnt draw out reserves from these locations solely. It plans to lead globallyreaching the countries that are believed to be great sources for diamonds. A perfect example would be India, which is known to have large deposits of diamonds and that the country consumes nearly half of the population of diamond consumers, aside from USA and China. Alrosa plans to join Indian companies that would benefit both parties when it comes to producing and trading diamonds globally.

Alrosa initiated its chief underground mining place last July 2002 in Siberia. They believe that investment diamonds that can be found in this area are of rare quality, thus, are worth the shot. You can view their diamond clarity chart as well there diamond color chart by going to their website. Although the soil is frozen, the company was able to come up with strategies that would make the operation possible.

However, it was not always a grand slam for Alrosa. Back in December of 2008, Alrosa was greatly affected by the recession that happened all around the world. This resulted to the near downfall of the mining giant. Yet, due to the fact that it was owned by the Russian government and various local authorities, it was able to endure the situation and even showed signs of recovery in 2009.

The unfortunate incident that struck the company didnt hinder it from getting back to its feet. Apparently, the second largest mining company was able to come up with strategies of conquering other countries.

Nowadays, Alrosa is targeting Angolaa country where various reservoirs of diamonds can be found. Angola has been in the diamond business for years, making it the perfect partner for the said company. In fact, Angola is not only rich in diamonds, but to other minerals as well, including gold and iron ore. Provided that the partnership of Angola and Alrosa will be a triumph, it will be exceptionally sensible for them.

Aside from Angola, the mining giant also plans to conquer Zimbabwe and Botswana. It is believed that these countries have similar cases with that of the aforementioned. Both countries in South Africa have diamond reservoirs that are yet to be discovered.