ALMAR is a Russian company created by professionals in the field of geology and mining of natural diamonds. The history of the company began in 2015 with the creation of LLC “Arctic Mining Company” (AGC), currently a subsurface user of ALMAR. Since 2016, the company has been engaged in geological exploration at the Beenchime and Khatyst diamond placers located in the Far Eastern Federal District of the Russian Federation in the Oleneksky and Bulunsky districts in the north of the Republic of Sakha (Yakutia). In 2021, the company was transformed into ALMAR JSC, in 2022 it received the status of a public joint stock company. Full name of the company: Public Joint Stock Company “ALMAR – diamonds of the Arctic”, abbreviated – PJSC “ALMAR».

The Khatystakh placer is located on the left bank of the Lena River. It has a sustained high diamond content of the productive reservoir. The raw materials are dominated by small stones of average quality. The Khatystakh section takes its name from the name of the left tributary of the Lena River.

The Beenchime placer is located 150 km west of the Khatystakh deposit, has a slightly lower productivity of sands, which is compensated by the large size of diamonds and the high average cost of diamonds. The Beenchime River is a left tributary of the Olenek River, which flows into the Laptev Sea.

Currently, the company is conducting geological exploration at loose deposits, including a complex of mining and drilling and processing operations, calculating reserves by industrial categories, testing reserves in the Federal State Budgetary Institution of the Russian Federation, confirming diamond reserves and placing them on the state balance sheet in 2023. The start of industrial diamond mining is scheduled for the II quarter of 2024, the start of sales of rough diamonds – for the IV quarter of 2024.