Diamond deposits worth 12 billion USD
The diamond deposits in Arkhangelsk Oblast are worth 12 billion USD. Preparations are done for start-up of excavations on one of the largest deposits.
Infrastructure is now being developed around the Griba diamond deposit, which is valued to 4-6 billion USD, Arhperspectiva.ru reports.
New roads, bridges, fuel deposits and a base camp have already been built, and next year construction of enrichment facilities are planned to start in the area.
Another diamond mine in Arkhangelsk Oblast, the Lomonosov mine, last year contributed with 42 million RUB of tax revenues for the regional budget, BarentsObserver reported.
