Oil company LUKoil expands its activity from non-renewable carbon resources to everlasting carbon when opening its diamond mine in September. When commissioned, the Arkhangelsk mine will be up for sale.
LUKoil’s Grib mine is estimated to hold 98 million carats and with that ranks fourth in size of Russia’s diamond mines. Annual mine output is said to be as much as 4 million carats of rough diamonds, reports Bloomberg.
Drilling at the field started in 2009 at depths down to 600 meter, LUKoil says in a press-release.
The oil company is said to have invested a billion dollars in preparation work to commission the Grib mine located some 115 kilometers north-east of Arkhangelsk in the White Sea region. The field is located less than 50 kilometers from stat-controlled Alrosa’s Lomonosov diamonds mine.
If LUKoil will sell to Alrosa or others is still not clear.
Vladimir Semakov, Lukoil’s spokesman was last week quoted by BusinessInsider saying: “To whom we will sell, whether wholly within Russia or a part to be exported, there is also no final decision.
“I do not deny that for us [the Grib mine] is not a core asset. We are still an energy company, not an ore-mining company.”
BarentsObserver has earlier reported that Rio Tinto is one of the mining giants that could be interested in buying the dimonds mine in Arkhangelsk.
The diamond mines are much welcomed by regional authorities in Arkhangelsk hoping for a boost in tax income and business activities.
Russia’s only aircraft carrier, the Northern Fleet’s “Admiral Kuznetsov”, has finished repairs and is ready to leave the port of Murmansk. According to a Russian news agency, the vessel will sail to Syria.
A century and a half ago, Norway was home to roughly three thousand brown bears, the majority of bears in all of Scandinavia. By 1930, the bears were virtually extinct. Decades of aggressive management tactics and bounties had wiped out one of the area’s most iconic species.
Microplastics, the tiny plastic particles that are accumulating in marine waters and big lakes around the world, are now showing up in the Arctic waters south and southwest of Svalbard, Norway, a new study says.
REYKJAVIK: The climatic changes taking place in the Arctic are a call to action for the world. We must answer with more international cooperation and more research, says Tore Hattrem, State Secretary of Norway’s Foreign Ministry.
“Partnership should and shall shape the development of the Arctic, therefore cooperation is the starting point for our Arctic policy,” Vladimir Barbin, Senior Arctic Official and representative to the Arctic Council, said at the Arctic Circle 2015 assembly.
August 9th, the Barents Region celebrated the UN International Day of the World’s Indigenous Peoples. The day was commemorated in several parts of the region, including Karasjok in Northern Norway and Teriberka in Northwestern Russia.
Norway’s Foreign Minister Børge Brende has asked Russia for an explanation to the high number of asylum seekers coming to Norway via Russia. Syrian refugees that have lived in Russia for a long time, will be stopped on the border and sent back.