LLC “Arctic Mining Company”, which develops diamond deposits in the Arctic zone of the Republic of Sakha (Yakutia) under the brand “ALMAR – diamonds of the Arctic” and JSC “Rosgeo” will exchange information about the licensed areas of diamond deposits that are in use by the parties, in order to explore the possibilities of cooperation for geological exploration.
ALMAR holds licenses for the Khatystakh and Beenchime diamond deposits, which are at the stage of gross testing. The license portfolio of JSC “Rosgeo” includes licenses for exploration and evaluation of reserves of several placer diamond deposits in the region of ALMAR activity. Some of these deposits were discovered and studied with the participation of the chief geologist of ALMAR Sergey Grakhanov.
Cooperation with JSC “Rosgeo”, the largest Russian exploration holding and the owner of a portfolio of licenses for deposits located in the ALMAR operating region, opens up prospects for increasing the reserves of ALMAR and expanding the mineral resource base of the region.
JSC “Rosgeo” carries out all types of geological exploration from regional research for all types of minerals, to the calculation of reserves and commissioning of deposits, has unique competencies in the field of marine geology and work on the shelf.
The holding is the main contractor of the state order for the work on the reproduction of the mineral resource base of the Russian Federation. 100% of the company’s capital is owned by the state.