The restoration of the Mir mine in Yakutia will take at least five years

Until 2022, "Alrosa" should invest in the reconstruction of up to 10 billion rubles.
The extraction at the Mir mine, which was stopped in the summer of 2017 due to the accident, will resume no earlier than 2022, the general director of Alrosa Sergey Ivanov told TASS. "In our understanding, this is at least 5-7 years before the start of production. Everything will depend on the project solution, "the top manager said.

According to Ivanov, it is important not to repeat those mistakes that were laid during the design in the 2000s. "We can afford to make a long decision, first of all we must be convinced of the safety of the work and safety of the whole complex project," he said.

The accident at the mine occurred in August 2017. The rescue operation lasted almost three weeks, it was possible to raise 143 people to the surface, eight remained underground, and the mine was flooded. The set of several factors led to the tragedy, the commission of Rostechnadzor found out: hydrogeological, technical and organizational.

 The Rostekhnadzor commission, investigating the causes of the accident, estimated the economic damage of 10.2 billion rubles. The mine was insured in Sogaz with a liability limit of more than 10 billion rubles.

Announced in mid-January plans for the production of diamonds in 36.6 million carats and 38.2 million carats in 2018 and 2019. respectively, do not differ much from previous benchmarks and forecasts, Citi analysts wrote in their review. The company's capex in 2018 will be 32 billion rubles, in 2019 - 26 billion rubles., Which is lower than Citi's forecast of 40 billion rubles. for each year, as a result of free cash flow "Alrosa" may exceed expectations, the survey said. But Citi's forecasts were based on the assumption that the reconstruction of Mir will begin at the end of 2018, so the company does not take into account the costs of the mine's restoration in its forecasts, Citi analysts noted.

Capital investments in 2018 will be used to develop existing facilities, increase production at the Udachny underground mine, complete the construction of infrastructure at the Verkhne-Munskoye deposit, build a quarry for the Zarya pipe, and maintain production at the underground mines " International "and" Aikhal ", reported" Alrosa ".

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