The diamond miners increased tax revenue in the budget of Pomerania 22%

© RIA Novosti / Yuri to Sombrerete in photomacrography cut diamonds. Archival photoThe diamond miners increased tax revenue in the budget of Pomerania 22%© RIA Novosti / Yuri to Combinate the image Bank

More than two billion rubles as of October 2018 listed diamond mining companies in the Arkhangelsk region in the regional budget in the form of tax on mining, which is 22% higher than in the same period last year, according to the Ministry of natural resources and forestry of Arkhangelsk region.

Long-term investment projects in the Primorsky and Mezensky districts of the region are currently implementing, JSC Severalmaz JSC «AGD diamonds.»

With the status of «priority» included in the register of investment projects of the Arkhangelsk region the project on creation of the mining complex at the Deposit named after M. V. Lomonosov.

The project is implemented by OJSC Severalmaz (subsidiary of OJSC ALROSA) and will last until 2067. Investment amount — of 73.4 billion rubles.

The Deposit is among the five largest in Russia. The implementation of the investment project is characterized by stable growth of production capacities and volumes of diamond production. So, with 1.6 million carats in 2014, the volume of diamond production increased by the end of 2017 to 2.6 million carats. In the first 9 months of 2018, the production volume has already exceeded the total of last year.

The second large investment project on extraction of diamonds, the report says, — mining plant at the base of the Deposit named after V. P. Grib, is implemented by JSC «AGD diamonds.» Investments in the project amounted to more than 26.5 billion.

The Deposit consists of one diamond pipe, containing about 5% of Russian diamond reserves. The mining capacity is 4.5 million tons of diamond ore a year. The targets of realization of this project will last until 2028, according to the regional Ministry of environment.