In 1997, Alrosa started sponsoring the Russian submarine B-871, named "Alrosa" since 2004. Īlrosa closed joint-stock company was set up according to Presidential Decree №158C of the President of Russia " On the Establishment of the Almazy Rossii-Sakha Joint Stock Company" signed on 19 February 1992, based on NPO Yakutalmaz, a former USSR state-owned diamond mining company.
Using uncut diamonds for loans was not as profitable as using cut gems and the Soviet and later Russia friendly expert who cuts and polishes the gems is Lev Leviev of Africa Israel Investments (AFI). However, Gerashenko could not obtain loans but Yevgeny Primakov and Thomas Alibegov did obtain loans but not enough so schemes involving diamond trades would be pursued to obtain additional credits. Today the Udachny open-pit mine is one of the largest open-pit mines in the world.īecause the Soviet Union was very heavily indebted in the late 1980s, Viktor Vladimirivich Gerashchenko and six others travelled among Saudi Arabia, United Arab Emirates, and others from September 1990 until the afternoon of 17 January 1991 to obtain very large loans from Persian Gulf states to prevent the collapse of the Soviet banking system. Through 1980, the rapid development of primary deposits continued in Aykhal township on the basis of the Jubilee pipe and in Udachny town. Now Alrosa independently distributes its rough diamond production on the world market. In 2009 this cooperation was brought to an end as contrary to European Union competition laws in compliance with a decision of the European Commission. In 1963, the first sales contracts between the USSR and De Beers group were signed. In 1960, the Djomolungma and Chimyan was discovered, and in 1969, the International kimberlite pipe. In those years its main open-pit mines, processing plants and related energy generating facilities were put into operation. įor the most part during the Soviet period, the diamond mining industry developed on the basis of the Mir open-pit mine and adjacent alluvial deposits. Two years later, the Soviet Union sold the first shipment of diamonds on the world market. The first commercial-grade diamonds were recovered the same year. To manage the facility's construction and subsequent operations, the Yakutalmaz group of companies was established with headquarters in Mirny. In 1957, a decision was made to begin mining and production operations on alluvial and ore deposits in Yakutia.
A total of fifteen primary diamond sources were found in 1955. In 1955 the Mir kimberlite pipe and the Udachnaya pipe were discovered. The history of Alrosa dates back to 1954, when the first primary deposit of diamonds in the Soviet Union, the kimberlite pipe Zarnitsa, was found. "International" underground mine, Mirny, Yakutia
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