Alrosa Launches Mining on the Botuobinskaya Pipe

Botuobinskaya is targeted to produce 1 million carats in 2015. (Photo courtesy of Alrosa)Russian diamond producer Alrosa has started mining ore from the Botuobinskaya kimberlite pipe at its Nyurba Mining and Processing Division (Nyurba MPD) in the Republic of Sahka (Yakutia) in Russia’s Far East. The pipe is expected to produce 230,000 metric tons (mt) of ore and about 1 million carats of rough diamonds in 2015. When the mine reaches its design capacity of 400,000 mt/y of ore, its diamond production will exceed 2 million carats/y.

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India’s Largest Moly Producer to Expand Production

India’s MOIL Ltd. (formerly Manganese Ore India Ltd.) will double its manganese production from the current level of 1.13 million mt/y by adding mineable land and upgrading existing operations to meet a predicted shortage of the metal in the country.

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Arbitration Tribunal Rules in Khan Resources Favor

Khan Resources announced in early March that an international arbitration tribunal, constituted under the UNCITRAL Arbitration Rules, had determined an award of approximately $100 million (including interest and costs) as compensation to Khan for the government of Mongolia’s actions in relation to the cancellation of Khan’s uranium licenses in 2009.

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Oyu Tolgoi Reaches Product Milestone

Bagged copper concentrate from Oyu Tolgoi.Oyu Tolgoi LLC announced on February 18 that it had shipped its 1 millionth metric ton (mt) of copper concentrate, approximately 19 months after its first concentrate shipment in July 2013. Oyu Tolgoi LLC President and CEO Andrew Woodley said, “This is a major milestone for the company. To reach 1 million mt in such a short time has required extraordinary teamwork from each member of the Oyu Tolgoi family, along with the strong support of our stakeholders.”

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