(IDEX Online News) – Alrosa's JORC compliant reserves were measured at 608 million carats (mct) with an average grade of 1.34 carats per tonne (ct/t), while its compliant resource base stood at 973 mct (68 percent measured and indicated) with an average grade of 1.38 ct/t, the company said in an update.

 

A report prepared by Micon International Co Ltd. up to July 1 covered all the miner's major deposits, excluding certain alluvial deposits and undeveloped resources and also includes highlights from the company’s Long Term Development Plan.

 

The Long Term Development Plan targets production of 36.4 million carats this year, and 41.3 million carats by 2021.

 

In total, the long term plan assumes production of 353.2 million carats between 2013 and 2023.