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DeBeers To Share Mining Technology
De Beers has offered to share advanced technology with ALROSA to mine in the diamond rich Yakutia region of the Russian federation. Currently, De Beers is implementing a diamond prospecting project in the territory of the Luga district located south of St. Petersburg. De Beers is also working on a project that would yield industrial diamonds in Verkhotina, in the Arkhangelsk region of Russia.
In an interview with the Itar-Tass news agency on March 30, De Beers managing director, Gary Ralfe said that De Beers intends to invest in prospecting and recovery of diamonds in Russia and not limit itself to trading.
Ralfe meet with a group of Russian Duma deputies –-representatives of the lower house leading pertinent committees-- at his Johannesburg office on March 29. The Russian parliamentarians are on a South Africa visit to familiarize themselves with the activities of De Beers and legislative control of the extraction, processing and turnover of mineral raw materials.
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