ALROSA Operational overview

IR-release: Q4 and FY 2014 Operational Overview
29 January 2015
Disclaimer
2
The below applies to the presentation (the “Presentation”) following this important notice, and you are therefore advised to read this important notice carefully before
reading, accessing or making any other use of this Presentation.
This Presentation contains statements about future events and expectations that are forward-looking statements. Any statement herein (including, without limitation, a
statement regarding our financial position, strategy, management plans and future objectives) that is not a statement of historical fact is a forward-looking statement that
involves known and unknown risks, uncertainties and other factors which may cause ALROSA’s actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by such forward-looking statements. Past performance should not be taken as an indication
or guarantee of future results, and no representation or warranty, express or implied, is made regarding the future performance. The information and opinions contained
in this document are provided as at the date hereof (unless indicated otherwise) and are subject to change without notice. ALROSA assumes no obligation to update,
supplement or revise the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.
The diamond resources and reserves estimates provided in this Presentation have been prepared and presented in accordance with the standards and classifications of
the JORC Code (the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves as promulgated by the Australasian Joint Ore
Reserves Committee), which differ in significant respects from the standards and classifications applicable to the disclosure of mineral resources and reserves under
the laws and regulations of certain other jurisdictions, including the regulations of the U.S. Securities Exchange Commission (the “SEC”) with respect to registration
statements and other documents filed with the SEC. Among other things, in accordance with the JORC Code, this Presentation provides certain mineral resources
estimates classified as “inferred”, “indicated” or “measured”, which differ in significant respects from “probable” and “proven” mineral reserves estimates and are not
disclosed in certain jurisdictions, including in SEC filings. There can be significant uncertainty as to whether mineral resources can ever be feasibly and commercially
mined. For further explanation of the JORC Code, see the JORC website at www.jorc.org.
This Presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire any
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This Presentation has not been independently verified. No representation or warranty or undertaking, express or implied, is made as to the accuracy, completeness or
fairness of the information or opinions contained in this Presentation. None of ALROSA nor any of its shareholders, directors, officers or employees, affiliates, advisors,
representatives nor any other person accepts any liability whatsoever for any loss howsoever arising from any use of this Presentation or its contents or otherwise
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Some numerical figures included in this Presentation have been subject to rounding adjustments.
By reviewing and/or attending this Presentation you acknowledge and agree to be bound by the foregoing.
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of ALROSA
3
Diamond production
(2%)
2013
2014
36.9 mln cts
36.2 mln cts
36.0 mln t
1.02 cpt
35.9 mln t
1.01 cpt
9.6
Diamonds produced
(mln cts)
Ore and gravels
processed (mln t)
Grade (cpt)
9.9
+8%
9,9
7.5
7.9
8.0
9.7
10.6
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
5.4
9.9
14.3
6.4
5.4
10.3
13.0
7.3
1.37
0.97
0.69
1.55
1.47
0.78
0.75
1.45
Q4 and FY2014 Results
Q4 2014 diamond production totalled 10.6 million carats, an increase of 8% q-o-q
The production increase was driven by the completion of planned maintenance at processing plants, which process ore from the International,
Aikhal and Mir underground mines
The Company highlights the progress in key investment projects in Q4 2014:
first 89 thousand tonnes of ore from the Udachny underground mine (commissioned earlier in 2014) were processed, diamond production
totalled 114 thousand carats,
first 516 thousand tonnes of ore from the Karpinskogo-1 pipe of the Lomonosov deposit (under development by Severalmaz) were
processed, diamond production totalled 266 thousand carats
2014 diamond production totalled 36.2 million carats and exceeded Company’s initial plan by 210 thousand carats
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Diamond production
4
Q4 2014
Q3 2014
Q4 2014
vs.
Q3 2014
2014
2013
2014
vs.
2013
4,216
2,981
41%
12,565
12,088
4%
Jubilee pipe
2,298
2,141
7%
9,122
8,976
2%
Aikhal underground mine
1,910
743
2.6х
3,292
3,062
7%
8
97
(92%)
152
50
3.0х
2,438
621
3.9х
6,088
7,361
(17%)
1,534
173
8.9х
3,862
4,377
(12%)
Mir underground mine
774
139
5.6х
1,463
2,151
(32%)
Alluvial and technogenic deposits
130
309
(58%)
764
833
(8%)
1,229
293
4.2х
3,679
4,892
(25%)
1,053
269
3.9х
3,390
4,735
(28%)
114
-
-
114
-
-
63
24
2.6х
176
157
12%
2,184
2,264
(4%)
7,363
7,407
(1%)
2,144
1,734
24%
6,542
6,591
(1%)
39
531
(93%)
821
816
1%
488
524
(7%)
1,639
636
2.6х
Arkhangelskaya pipe
222
524
(58%)
1,373
636
2.2х
Karpinskogo-1 pipe
266
-
-
266
-
-
OJSC Almazy Anabara (hereinafter Almazy Anabara)
0
1,820
-
3,059
2,521
21%
OJSC Nizhne-Lenskoye (hereinafter Nizhne-Lenskoye)
0
1,234
-
1,818
2,010
(10%)
10,555
9,736
8%
36,212
36,914
(2%)
‘000 cts
Aikhal Division
Komsomolskaya pipe
Mirny Division
International underground mine
Udachny Division
Udachnaya pipe
Udachnaya underground mine
Zarnitsa pipe
Nyurba Division
Nyurbinskaya pipe
Alluvial deposits
Lomonosov Division (OJSC Severalmaz (hereinafter
Severalmaz))
Total
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
ALROSA’s production footprint
5
Arkhangelsk
Region (5%)
Mining methods:
Lomonosov Division (5%)
Arkhangelskaya pipe (4%)
Underground mining (24%)
Open-pit mining (58%)
Arkhangelsk
Alluvial mining (18%)
Karpinskogo-1 pipe (less then 1%)
Russia
Russia
Republic of Sakha
(Yakutia) (95%)
Almazy Anabara (8%)
Nizhne-Lenskoye (5%)
Republic of Sakha (Yakutia)
Udachnaya pipe (9%)
Aikhal Division (35%)
Jubilee pipe (25%)
Aikhal pipe (9%)
Udachny Division (10%)
Zarnitsa pipe (less than 1%)
Udachny
Aikhal
Komsomolskaya pipe
(less then 1%)
Yakutsk
Nyurba
Mirny Division (17%)
Mirny
Nyurba Division (20%)
Mir pipe (4%)
Nyurbinskaya pipe (18%)
International pipe (11%)
Botuobinskaya pipe ( – )
Alluvial deposits (2%)
Note: Percentage in brackets indicates the share of region/division/pipe in 2014 ALROSA diamond production
Alluvial deposits (2%)
6
AIKHAL DIVISION
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Aikhal Division overview
Division structure
7
Location of operations
Processing Plant No. 8
• Aikhal pipe
• Komsomolskaya pipe
Processing Plant No. 14
• Jubilee pipe
Komsomolskaya
pipe
8 km
Processing Plant No. 14
Capacity: 10 mln t annually
18 km
Jubilee
pipe
Share in 2014 ALROSA production:
35%
Processing Plant No. 8
Capacity: 1.7 mln t annually
1 km
Underground mining
Aikhal
pipe
Open-pit mining
2014 Results
Diamonds produced (‘000 cts)
Ore processed (‘000 t)
2014
2014
vs.
2013
12,565
4%
9,478
(3%)
Almazy Anabara
Nizhne-Lenskoye
Udachny Division
Reserves (1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
117,227
1.04
121,578
Resources inclusive of reserves
Aikhal Division
Tonnage
(‘000 t)
Grade
(cpt)
215,804
1.01
218,694
Note: (1) According to JORC Code (as of 01.07.2013)
Udachny
Aikhal
Yakutsk
Nyurba Division
Nyurba
(1)
Contained
diamonds
(‘000 cts)
Mirny Division
0
200
400 km
Mining methods:
Mirny
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of Aikhal Division
8
Diamond production
+4%
2014
2013
12,565 ‘000 cts
12,088 ‘000 cts
9,478 ‘000 t
1.33 cpt
9,817 ‘000 t
1.23 cpt
Ore processed (‘000 t)
Grade (cpt)
3,000
2,456
1,984
4,216
3,978
3,669
Diamonds produced (‘000 cts)
+41%
2,368
2,981
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
2,605
2,644
2,040
2,528
2,436
2,244
2,168
2,630
0.76
1.39
1.20
1.57
1.23
1.06
1.38
1.60
Q4 2014 results
2014 results
Q4 2014 diamond production was 4,216 thousand carats,
which is up 41% q-o-q
2014 diamond production totalled 12,565 thousand carats,
which is up 4% higher y-o-y
Diamond production increase was driven by the planned
increase in ore processing at the Aikhal underground mine
Diamond production growth resulted from the planned
increase in ore processing at the Aikhal underground mine and
mining and processing of higher grade ore from the central
lobe of the Jubilee pipe
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Jubilee pipe
9
Mining method:
Open-pit mining
current mining area
0m
Commissioned:
surface
1985
Current open pit depth:
345 m
-345 m
current open pit depth
eastern lobe
central lobe
western lobe
-720 m
target open pit depth;
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
129,017
Indicated
0.84
Inferred
108,166
0.62
40,594
65,977
0.76
boundary of inferred
resources
-1,300 m
boundary of exploration
Indicated resources
Total
194,994
-1,100 m
Inferred resources
Resources not classified in accordance with JORC Code (1)
148,760
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Jubilee pipe: production overview
10
25% Share in 2014 ALROSA production
Q4 2014 diamond production increased by 7% vs Q3 2014 due to planned
maintenance works at Processing Plant No.14 in September 2014
Diamond production growth in 2014 by 2% vs 2013 was driven by mining of
higher grade ore from the pipe’s central lobe
+2%
2014
2013
9,122 ‘000 cts
8,976 ‘000 cts
8,506 ‘000 t
1.07 cpt
9,041 ‘000 t
0.99 cpt
1,940
2,232
+7%
2,456
2,347
2,325
2,357
2,141
2,298
Diamonds produced (‘000 cts)
Ore processed (‘000 t)
Grade (cpt)
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
2,405
2,375
2,040
2,221
2,225
2,215
1,783
2,630
0.81
0.94
1.20
1.06
1.04
1.06
1.20
1.01
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Aikhal pipe
11
Period of open-pit mining:
current mining area
1961-1996
0m
Open pit depth:
surface
305 м
Mining method:
Underground mine
-305 m
open pit depth
Start of underground mining
operations:
2005
-500 m
boundary of indicated
resources
south-western ore body
north-eastern ore body
-700 m
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
7,729
8,269
Grade
(cpt)
Contained
diamonds
(‘000 cts)
Indicated
4.68
Inferred
36,159
3.87
31,967
4.26
western lobe
eastern lobe
-900 m
Indicated resources
Total
15,998
boundary of inferred
resources of southwestern ore body
Inferred resources
Resources not classified in accordance with JORC Code (1)
68,126
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
boundary of exploration
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Aikhal pipe: production overview
9%
12
Share in 2014 ALROSA production
Q4 2014 diamond production increased 2.6 times vs Q3 2014 due to
processing of ore produced during the planned maintenance works at
Processing Plant No.8 in Q2 2014
Diamond production growth in 2014 by 7% vs 2013 ensued from higher
volumes of ore processed
+7%
2014
2013
3,292 ‘000 cts
3,062 ‘000 cts
589 ‘000 t
560 ‘000 t
5.47 cpt
1,910
1,627
1,435
Diamonds produced (‘000 cts)
2.6x
5.59 cpt
743
639
0
Ore processed (‘000 t)
Grade (cpt)
0
0
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
263
0
297
116
0
147
326
0.00
5.46
0.00
5.48
5.51
0.00
5.05
5.86
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Komsomolskaya pipe
13
Mining method:
Open-pit mining
Commissioned:
2000
0m
surface
Current open pit depth:
337 m
-337 m
current open pit depth
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
4,812
Indicated
0.38
Total
1,808
4,812
0.38
1,808
-460 m
target open pit depth;
boundary of indicated
resources
Indicated resources
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Komsomolskaya pipe: production overview
14
less than 1% Share in 2014 ALROSA production
Diamond production decreased in Q4 2014 by 92% vs Q3 2014 as
Processing Plant No.8 was mainly loaded with ore from the Aikhal
underground mine in Q4 2014
Diamond production went up 3.0 times in 2014 y-o-y as Processing
Plant No.8 was loaded with ore from a stockpile
3.0х
2014
152 ‘000 cts
2013
383 ‘000 t
0.40 cpt
50 ‘000 cts
(92%)
97
216 ‘000 t
0.23 cpt
Diamonds produced (‘000 cts)
44
36
11
8
2
0
4
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
200
6
0
10
95
29
238
21
Grade (cpt)
0.22
0.33
0.00
0.40
0.38
0.38
0.41
0.37
15
MIRNY DIVISION
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Mirny Division overview
Division structure
16
Location of operations
Vodorazdelnye
Galechniki placer
Processing Plant No. 3
• Mir pipe
• International pipe
• Vodorazdelnye Galechniki placer
• Tailings of Processing Plant No. 5
Dredges No. 201, 202, 203
• Irelyakhskaya placer
10 km
Processing Plant No. 3
Capacity: 2 mln t annually
Share in 2014 ALROSA production:
4 km
17%
Dredges No. 201, 202, 203
Capacity: 4 mln t annually
16 km
Mining methods:
Mir pipe
Irelyakhskaya
placer
International
pipe
2014 Results
2014
2014
vs.
2013
Diamonds produced (‘000 cts)
6,088
(17%)
Ore and gravels processed
(‘000 t), incl.:
4,903
(3%)
Processing Plant No.3
1,930
(3%)
Dredges №201, 202, 203
2,973
(4%)
Almazy Anabara
Nizhne-Lenskoye
Udachny Division
Reserves (1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
34,141
3.92
133,815
Resources inclusive of reserves
Aikhal Division
Udachny
Aikhal
Yakutsk
Nyurba Division
Nyurba
(1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
45,874
4.07
186,765
Note: (1) According to JORC Code (as of 01.07.2013)
Mirny Division
0
200
400 km
Mirny
Underground mining
Alluvial mining
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of Mirny Division
17
Diamond production
(17%)
2013
7,361 ‘000 cts
2014
5,080 ‘000 t
1.45 cpt
3.9х
6,088 ‘000 cts
4,903 ‘000 t
1.24 cpt
2,438
Diamonds produced (‘000 cts)
1,792
1,778
1,885
1,906
1,477
1,552
621
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
516
1,120
2,135
1,309
469
1,329
1,474
1,630
Grade (cpt)
3.47
1.59
0.88
1.46
3.15
1.17
0.42
1.50
Q4 2014 results
2014 results
Q4 2014 diamond production totalled 2,438 thousand carats,
a 3.9 times growth q-o-q
In 2014, diamond production totalled 6,008 thousand carats,
which is 17% lower compared to 2013
Diamond production increase resulted from planned annual
maintenance at Processing Plant No.3 in August-September
2014
Diamond production decrease was driven by difficult miningand-geological conditions at the Mir underground mine in
early 2014, planned annual maintenance at Processing Plant
No. 3 in August-September 2014 and the replacement of a
number of the underground mine’s skip shaft components in
May-July 2014
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
International pipe
18
0m
Period of open-pit mining:
surface
1971-1981
Period of open pit
development:
2005-2011
-315 m
Open pit depth:
open pit depth
315 m
Mining method:
current mining area
Underground mining
Start of underground mining
operations:
1999
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
4,208
Indicated
8.73
Inferred
1,542
7.98
8.53
boundary of indicated
resources
Contained
diamonds
(‘000 cts)
-1,215 m
boundary of inferred
resources
36,739
Indicated resources
12,304
Inferred resources
Resources not classified in accordance with JORC Code (1)
Total
5,750
-1,085 m
49,043
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
-1,475 m
boundary of exploration
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
International pipe: production overview
19
11% Share in 2014 ALROSA production
In Q4 2014, diamond production rose 8.9 times q-o-q due to planned
annual maintenance at Processing Plant No.3 in August-September
2014
Diamond production decrease in 2014 by 12% vs 2013 was driven by
planned annual maintenance at Processing Plant No. 3 in AugustSeptember 2014 and the replacement of a number of the underground
mine’s skip shaft components in May-July 2014
(12%)
2013
2014
4,377 ‘000 cts
3,862 ‘000 cts
489 ‘000 t
Diamonds produced (‘000 cts)
1,082
8.9x
445 ‘000 t
8.68 cpt
8.95 cpt
1,047
1,099
1,149
1,534
1,312
842
173
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
130
118
113
128
151
97
21
176
Grade (cpt)
8.32
8.87
9.73
8.98
8.69
8.68
8.24
8.71
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Mir pipe
20
Period of open-pit mining:
1959-2001
current mining area
Open pit depth:
525 m
0m
surface
Mining method:
Underground mining
Start of underground mining
operations:
2009
-525 m
open pit depth
-545 m
upper boundary of indicated
resources
dry shutdown
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
29,211
Indicated
3.55
Inferred
103,782
10,913
3.11
33,940
3.43
boundary of indicated
resources
-1,235 m
Total
40,124
-950 m
boundary of exploration
Indicated resources
137,722
Inferred resources
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Mir pipe: production overview
4%
21
Share in 2014 ALROSA production
In Q4 2014, diamond production grew 5.6 times q-o-q due to planned
annual maintenance at Processing Plant No. 3 in August-September
2014
Diamond production decline in 2014 by 32% y-o-y was caused by
adverse mining-and-geological conditions in early 2014
(32%)
2013
2,151 ‘000 cts
2014
638 ‘000 t
1,463 ‘000 cts
3.37 cpt
597
471
5.6x
774
481 ‘000 t
518
565
3.04 cpt
498
Diamonds produced (‘000 cts)
139
52
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
144
184
154
156
20
141
64
256
Grade (cpt)
3.27
3.24
3.36
3.62
2.60
3.53
2.17
3.03
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Alluvial and technogenic deposits
2%
22
Share in 2014 ALROSA production
Deposits
Vodorazdelnye Galechniki
placer
Irelyakhskaya placer
Tailings of Processing Plant
No. 5
In Q4 2014, diamond production decreased by 58%
q-o-q due to the end of the production period in
November 2014
Diamond production shrank in 2014 by 8% y-o-y due
to completion of processing of gravels with higher
grade from tailings of Processing Plant No.5
(8%)
2013
833 ‘000 cts
2014
3,953 ‘000 t
764 ‘000 cts
0.21 cpt
3,978 ‘000 t
0.19 cpt
268
239
192
134
Diamonds produced
(mln cts)
2014 Results
Gravels
processed
(‘000 t)
Grade
(cpt)
Diamonds
produced
(‘000 cts)
3,978
0.19
764
Resources and reserves of Mirny Division
alluvial placers were not included into JORC
Code valuation
(58%)
309
212
130
113
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Gravels processed (mln t)
242
818
1,868
1,025
298
1,091
1,390
1,199
Grade (cpt)
0.99
0.16
0.14
0.19
0.38
0.19
0.22
0.11
23
UDACHNY DIVISION
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Udacnhy Division overview
24
Location of operations
Division structure
Processing Plant No. 12
• Udachnaya pipe
• Zarnitsa pipe
Zarnitsa pipe
Udachnaya pipe
21 km
2 km
Share in 2014 ALROSA production:
Mining methods:
10%
Underground mining
Processing Plant No. 12
Capacity: 12 mln t annually
2014 Results
2014
2014
vs.
2013
Diamonds produced (‘000 cts)
3,679
(25%)
Ore processed (‘000 t)
4,814
(17%)
Almazy Anabara
Nizhne-Lenskoye
Udachny Division
Reserves (1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
150,642
0.88
132,358
Resources inclusive of reserves
Aikhal Division
Tonnage
(‘000 t)
Grade
(cpt)
223,976
1.07
239,771
Note: (1) According to JORC Code (as of 01.07.2013)
Yakutsk
Nyurba Division
Nyurba
(1)
Contained
diamonds
(‘000 cts)
Udachny
Aikhal
Mirny Division
0
200
400 km
Mirny
Open-pit mining
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of Udachny Division
25
Diamond production
(25%)
2013
4,892 ‘000 cts
2014
5,825 ‘000 t
0.84 cpt
1,598
Diamonds produced (‘000 cts)
3,679 ‘000 cts
4.2х
4,814 ‘000 t
0.76 cpt
1,430
1,383
1,117
1,229
1,039
480
293
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
1,650
1,858
597
1,720
1,570
1,226
455
1,563
Grade (cpt)
0.97
0.74
0.80
0.83
0.71
0.85
0.64
0.79
Q4 2014 results
2014 results
Q4 2014 diamond production amounted to 1,229 thousand
carats, a 4.2 times growth q-o-q
In 2014, diamond production totalled 3,679 thousand carats,
which is down 25% y-o-y
Diamond production increase resulted from planned annual
maintenance at Processing Plant No. 12 in July-August 2014
and the start of production at the Udanchny underground mine
Diamond production drop was driven by the reduction in ore
processing at the Udachnaya pipe in line with the Company's
plan for the transition to underground mining at the deposit
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Udachnaya pipe
26
Mining method:
Open-pit and
underground mining
current mining area
Ore stockpile
(measured resources)
Commissioned:
1971
0m
surface
Current open pit depth:
640 m
Start of underground mining
operations:
2014
-640 m
current open pit depth
-890 m
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
western lobe
eastern lobe
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
Measured
4,820
1.52
7,329
82,297
Indicated
1.49
Inferred
122,278
78,305
1.25
98,157
-1,390 m
Measured resources
Indicated resources
Total
165,422
1.38
boundary of inferred
resources
227,764
Inferred resources
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Udachnaya pipe: production overview
9%
27
Share in 2014 ALROSA production
Q4 2014 diamond production rose 3.9 times q-o-q as a result of planned
annual maintenance at Processing Plant No.12 in July-August 2014
Diamond production decline in 2014 by 28% y-o-y was driven by the
reduction in ore processing in line with the Company's plan for the
transition to underground mining at the deposit.
(28%)
2013
4,735 ‘000 cts
2014
4,825 ‘000 t
0.98 cpt
1,557
3,390 ‘000 cts
1,382
1,330
3.9x
3,710 ‘000 t
0.91 cpt
1,055
1,053
1,012
Diamonds produced (‘000 cts)
466
269
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
1,400
1,563
447
1,415
1,180
1,055
305
1,170
Grade (cpt)
1.11
0.85
1.04
0.98
0.89
0.96
0.88
0.90
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Udachny underground mine: production overview
28
less than 1% Share in 2014 ALROSA production
On June 27, 2014, ALROSA commissioned the Udachny underground
mine
In Q4 2014, first ore from the underground mine was processed at
Processing Plant No.12
The Udachny underground mine development is in line with the
Company’s plan
2014
114 ‘000 cts
89 ‘000 t
1.28 cpt
114
Diamonds produced (‘000 cts)
Ore processed (‘000 t)
Grade (cpt)
0
0
0
0
0
0
0
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
0
0
0
0
0
0
89
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.28
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Zarnitsa pipe
29
Mining method:
Open-pit mining
current mining area
Commissioned:
1999
0m
surface
Current open pit depth:
-90 m
current open pit depth
90 m
-200 m
boundary of indicated
resources; target open pit
depth
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
58,554
Indicated
0.21
Total
12,007
0.21
12,007
58,554
-700 m
boundary of exploration
Indicated resources
Resources not classified in accordance with JORC Code (1)
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Zarnitsa pipe: production overview
30
less than 1% Share in 2014 ALROSA production
In Q4 2014, diamond production increased 2.6 times q-o-q due to
planned annual maintenance at Processing Plant No.12 in July-August
2014
Diamond production growth in 2014 by 12% y-o-y was driven by
increased volumes and higher grades of ore processed
+12%
2014
176 ‘000 cts
2013
1,015 ‘000 t
0.17 cpt
157 ‘000 cts
1,000 ‘000 t
0.16 cpt
Diamonds produced (‘000 cts)
2.6x
63
62
53
48
42
27
24
14
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
250
295
150
305
390
171
150
304
Grade (cpt)
0.17
0.18
0.09
0.16
0.16
0.16
0.16
0.21
м
31
NYURBA DIVISION
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Nyurba Division overview
32
Location of operations
Division structure
Processing Plant No. 15
• Nyurbinskaya placer
• Botuobinskaya placer (1)
Processing Plant No. 16
• Nyurbinskaya pipe
• Botuobinskaya pipe (1)
• Nyurbinskaya placer
Processing Plant No. 15
Capacity: 0.5 mln t annually
Processing Plant No. 16
Capacity: 1.4 mln t annually
Note:
(1) Pre-construction activities and waste stripping
are in progress
5 km
2 km
Share in 2014 ALROSA production:
Nyurbinskaya
pipe
Botuobinskaya
placer
20%
Mining methods:
Open-pit mining
Nyurbinskaya
placer
Botuobinskaya
pipe
Alluvial mining
2014 Results
2014
2014
vs.
2013
Diamonds produced (‘000 cts)
7,363
(1%)
Ore and gravels processed
(‘000 t)
2,000
(2%)
Almazy Anabara
Nizhne-Lenskoye
Udachny Division
Reserves (2)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
30,087
4.09
123,178
Resources inclusive of reserves
Aikhal Division
Udachny
Aikhal
Yakutsk
Nyurba Division
Nyurba
(2)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
47,329
3.72
175,945
Note: (2) According to JORC Code (as of 01.07.2013)
Mirny Division
0
200
400 km
Mirny
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of Nyurba Division
33
Diamond production
(1%)
2013
2014
7,407 ‘000 cts
2,040 ‘000 t
7,363 ‘000 cts
3.63 cpt
2,000 ‘000 t
(4%)
3.68 cpt
Diamonds produced (‘000 cts)
2,022
1,978
2,331
2,067
1,076
2,264
2,184
848
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
400
375
805
460
410
375
763
452
Grade (cpt)
4.95
2.87
2.51
5.07
5.04
2.26
2.97
4.83
Q4 and FY2014 results
Q4 2014 diamond production amounted to 2,184 thousand carats, which is down 4% q-o-q
In 2014, diamond production totalled 7,363 thousand carats, which is a 1% decline y-o-y
Diamond production decrease results from planned decrease in volumes of ore processed at Processing Plant No.16
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Nyurbinskaya pipe
34
Mining method:
Open-pit mining
current mining area
Commissioned:
2001
0m
surface
Current open pit depth:
290 m
-290 m
current open pit depth
-450 m
target open pit depth
-570 m
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
12,264
Indicated
4.13
Inferred
50,661
5.42
6,465
1,192
4.25
boundary of exploration;
boundary of inferred
resources
Indicated resources
Total
13,456
-750 m
Inferred resources
Resources not classified in accordance with JORC Code (1)
57,126
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Nyurbinskaya pipe: production overview
18%
35
Share in 2014 ALROSA production
Q4 2014 diamond production increase by 24% q-o-q was driven by
higher ore processing volumes at Processing Plant No.16 because of the
end of placer’s production season
2014 diamond production was almost flat y-o-y
(1%)
2013
2014
6,591 ‘000 cts
6,542 ‘000 cts
1,247 ‘000 t
5.29 cpt
+24%
1,255 ‘000 t
5.21 cpt
2,303
1,978
2,144
2,067
1,734
1,509
Diamonds produced (‘000 cts)
801
597
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Ore processed (‘000 t)
400
124
285
438
410
113
305
427
Grade (cpt)
4.95
6.46
5.29
5.26
5.04
5.28
5.69
5.02
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Botuobinskaya pipe
36
Current open pit depth:
83 m
0m
Commencement of waste
stripping:
surface
December 2012
-83 m
current open pit depth
overburden
-580 m
target open pit depth;
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
-780 m
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
13,679
Indicated
5.19
Inferred
71,044
5.14
13,790
2,685
-980 m
5.18
boundary of exploration
Indicated resources
Total
16,364
boundary of inferred
resources
Inferred resources
Resources not classified in accordance with JORC Code (1)
84,834
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Alluvial deposits
37
2%
Deposits
Share in 2014 ALROSA production
Q4 2014 diamond production decline by 93% q-o-q
was triggered by the termination of gravels processing
at the seasonal Processing Plant No.15 in October
2014
Nyurbinskaya placer
Botuobinskaya placer
2014 diamond production was almost flat y-o-y
+1%
2014
2013
(93%)
821 ‘000 cts
816 ‘000 cts
793 ‘000 t
1.03 cpt
745 ‘000 t
1.10 cpt
513
275
531
251
Diamonds produced
(mln cts)
0
Gravels processed (mln t)
Grade (cpt)
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
13,668
1.68
22,989
28
0
39
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
251
520
22
0
262
458
25
0.00
1.10
0.99
1.27
0.00
0.96
1.16
1.57
СЕВЕРАЛМАЗ
LOMONOSOV DIVISION (SEVERALMAZ)
38
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Lomonosov Division (Severalmaz) overview
39
Location of operations
Division structure
Processing Plant No. 1
• Arkhangelskaya pipe
• Karpinskogo-1 pipe
Karpinskogo-1
pipe
2 km
Processing Plant No. 1
Module No. 2
Capacity: 3 mln t annually
Share in 2014 ALROSA production:
Module No. 1
Capacity: 1 mln t annually
3 km
5%
Mining method:
Arkhangelskaya
pipe
2014 Results
2014
2014
vs.
2013
Diamonds produced (‘000 cts)
1,639
2,6x
Ore processed (‘000 t)
3,309
2,8x
Arkhangelsk
Reserves
Lomonosov Division
(2)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
75,525
0.85
64,107
Resources inclusive of reserves
(3)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
125,790
0.92
115,501
Note: (2) According to JORC Code (as of 01.07.2013)
0
200
400 km
Open-pit mining
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Operational overview of Lomonosov Division
40
Diamond production
2.6х
2014
1,639 ‘000 cts
(7%)
3,309 ‘000 t
0.50 cpt
2013
636 ‘000 cts
1,193 ‘000 t
0.53 cpt
524
488
394
Diamonds produced (‘000 cts)
213
233
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
279
281
361
481
808
1,022
998
0.51
0.55
0.59
0.48
0.49
0.51
0.49
126
142
155
Q1 2013
Q2 2013
Ore processed (‘000 t)
272
Grade (cpt)
0.46
Q4 2014 results
2014 results
In Q4 2014, diamond production was 488 thousand carats, a
7% drop q-o-q
In 2014, diamond production totalled 1,639 thousand carats,
which is up 2.6 times y-o-y
Diamond production went down owing to the completion of the
annual ore processing plan and overperformance of the
annual diamond production plan
Diamond production growth was driven by higher volumes of
ore processed following the launch of the second module of
the site’s processing plant
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Arkhangelskaya pipe
41
Mining method:
Open-pit mining
current mining area
Commissioned:
2005
0m
surface
Current open pit depth:
128 m
-128 m
current open pit depth
-324 m
target open pit depth
-460 m
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
56,226
Indicated
0.77
Inferred
43,406
0.98
38,623
39,408
Total
95,634
0.86
-940 m
boundary of inferred
resources
Indicated resources
82,029
Inferred resources
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Arkhangelskaya pipe: production overview
4%
42
Share in 2014 ALROSA production
Q4 2014 diamond production decreased by 58% vs Q3 2014, as ore
processing from the Karpinskogo-1 pipe started at Processing Plant No.1
In 2014, diamond production growth 2.2 times y-o-y resulted from
higher volumes of ore processed following the launch of the second
module of the site’s processing plant
2.2х
2014
1 373 тыс. карат
2013
636 ‘000 cts
524
394
1,193 ‘000 t
0.53 cpt
Diamonds produced (‘000 cts)
(58%)
2 793 тыс. тонн
0,49 карат/тонна
213
233
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
279
281
361
481
808
1,022
482
0.51
0.55
0.59
0.48
0.49
0.51
0.46
126
142
155
Q1 2013
Q2 2013
Ore processed (‘000 t)
272
Grade (cpt)
0.46
222
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Karpinskogo-1 pipe
Current open pit depth:
86 m
43
current mining area
0m
Commencement of waste
stripping:
surface
-86 m
2009
current open pit depth
overburden
-262 m
target open pit depth
-462 m
boundary of indicated
resources
Resources inclusive of reserves
(as of 01.07.2013)
according to JORC Code
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
24,988
Indicated
1.08
Inferred
26,960
1.26
6,512
5,168
1.11
boundary of inferred resources
Indicated resources
Total
30,156
-662 m
boundary of exploration
Inferred resources
Resources not classified in accordance with JORC Code
33,472
-942 m
(1)
Note: (1) Potential resources according to the Russian State Commission for Mineral Reserves classification
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Karpinskogo-1 pipe: production overview
44
less than 1% Share in 2014 ALROSA production
On October 6, 2014
Karpinskogo-1 pipe
Severalmaz
launched
production
at
the
In Q4 2014, first ore from the Karpinskogo-1 pipe was processed
2014
266 ‘000 cts
266
516 ‘000 t
0.52 cpt
Diamonds produced (‘000 cts)
Ore processed (‘000 t)
Grade (cpt)
0
0
0
0
0
0
0
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
0
0
0
0
0
0
516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.52
ALMAZY ANABARA
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Almazy Anabara
46
8%
Deposits
Share in 2014 ALROSA production
In Q4 2014, gravels were not processed due to seasonality of gravel mining
Diamond production increase in 2014 by 21% y-o-y was driven by the commissioning of higher grade Ebelyakh and
Gusinaya placers
Morgogor placer
Istok placer
Holomolokh placer
Ebelyakh placer
Gusinaya placer
Ruchey 41 placer
Kurung-Yuryakh placer
+21%
2014
2013
3,059 ‘000 cts
2,521 ‘000 cts
Diamonds produced
(mln cts)
5,604 ‘000 t
0.55 cpt
1,554
6,750 ‘000 t
0.37 cpt
1,820
1,239
967
0
0
0
0
2014 Results
Diamonds produced
(‘000 cts)
Gravels processed
(‘000 t)
2014
2014
vs.
2013
3,059
21%
5,604
(17%)
Gravels processed (mln t)
Grade (cpt)
Reserves(1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
36,319
0.74
26,749
Resources inclusive of reserves(1)
Tonnage
(‘000 t)
Grade
(cpt)
Contained
diamonds
(‘000 cts)
36,816
0.80
29,597
Note: (1) According to JORC Code (as of 01.07.2013)
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
1,874
4,876
0
0
2,200
3,404
0
0.00
0.52
0.32
0.00
0.00
0.56
0.53
0.00
НИЖНЕ-ЛЕНСКОЕ
NIZHNE-LENSKOYE
47
I. Operational
overview
II. Aikhal Division
III. Mirny Division
IV. Udachny Division
V. Nyurba Division
VI. Lomonosov Division
VII. Alamazy Anabara
VIII. Nizhne-Lenskoye
Nizhne-Lenskoye
48
5%
Deposits
Share in 2014 ALROSA production
In Q4 2014, gravels were not processed due to seasonality of gravel mining
Diamond production decline in 2014 by 10% y-o-y was triggered by processing of lower grade gravels; larger
volumes of gravel processing was driven by the commissioning of the Shlikhovoy placer
Molodo placer
Billyakh placer
Ruchey Shlihovoy placer
(10%)
2013
2014
2,010 ‘000 cts
1,398
5,338 ‘000 t
1,818 ‘000 cts
612
Diamonds produced
(mln cts)
584
0
Gravels processed (mln t)
Grade (cpt)
2014 Results
Diamonds produced
(‘000 cts)
Gravels processed
(‘000 t)
2014
2014
vs.
2013
1,818
(10%)
5,814
9%
1,234
5,814 ‘000 t
0.31 cpt
0.38 cpt
0
0
0
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
0
1,786
3,552
0
0
2,080
3,734
0
0.00
0.34
0.39
0.00
0.00
0.28
0.33
0.00
49
Appendix
Diamond production
50
2013
2014
Q1
2013
Q2
2013
Q3
2013
Q4
2013
Q1
2014
Q2
2014
Q3
2014
Q4
2014
12,088
12,565
1,984
3,669
2,456
3,978
3,000
2,368
2,981
4,216
Jubilee pipe
8,976
9,122
1,940
2,232
2,456
2,347
2,325
2,357
2,141
2,298
Aikhal underground mine
3,062
3,292
0
1,435
0
1,627
639
0
743
1,910
50
152
44
2
0
4
36
11
97
8
7,361
6,088
1,792
1,778
1,885
1,906
1,477
1,552
621
2,438
International underground mine
4,377
3,862
1,082
1,047
1,099
1,149
1,312
842
173
1,534
Mir underground mine
2,151
1,463
471
597
518
565
52
498
139
774
833
764
239
134
268
192
113
212
309
130
4,892
3,679
1,598
1,383
480
1,430
1,117
1,039
293
1,229
4,735
3,390
1,557
1,330
466
1,382
1,055
1,012
269
1,053
-
114
-
-
-
-
-
-
-
114
157
176
42
53
14
48
62
27
24
63
7,407
7,363
1,978
1,076
2,022
2,331
2,067
848
2,264
2,184
6,591
6,542
1,978
801
1,509
2,303
2,067
597
1,734
2,144
816
821
0
275
513
28
0
251
531
39
636
1,639
126
142
155
213
233
394
524
488
636
1,373
126
142
155
213
233
394
524
222
-
266
-
-
-
-
-
-
-
266
Almazy Anabara
2,521
3,059
0
967
1,554
0
0
1,239
1,820
0
Nizhne-Lenskoye
2,010
1,818
0
612
1,398
0
0
584
1,234
0
36,914
36,212
7,478
9,627
9,949
9,860
7,894
8,027
9,736
10,555
‘000 cts
Aikhal Division
Komsomolskaya pipe
Mirny Division
Alluvial and technogenic deposits
Udachny Division
Udachnaya pipe
Udachnaya underground mine
Zarnitsa pipe
Nyurba Division
Nyurbinskaya pipe
Alluvial deposits
Severalmaz
Arkhangelskaya pipe
Karpinskogo-1 pipe
Total
Ore and sands processing
51
2013
2014
Q1
2013
Q2
2013
Q3
2013
Q4
2013
Q1
2014
Q2
2014
Q3
2014
Q4
2014
9,817
9,478
2,605
2,644
2,040
2,528
2,436
2,244
2,168
2,630
9,041
8,506
2,405
2,375
2,040
2,221
2,225
2,215
1,783
2,283
Aikhal underground mine
560
589
0
263
0
297
116
0
147
326
Komsomolskaya pipe
216
383
200
6
0
10
95
29
238
21
5,080
4,903
516
1,120
2,135
1,309
469
1,329
1,474
1,630
International underground mine
489
445
130
118
113
128
151
97
21
176
Mir underground mine
638
481
144
184
154
156
20
141
64
256
3,953
3,978
242
818
1,868
1,025
298
1,091
1,390
1,199
5,825
4,814
1,650
1,858
597
1,720
1,570
1,226
455
1,563
4,825
3,710
1,400
1,563
447
1,415
1,180
1,055
305
1,170
-
89
-
-
-
-
-
-
-
89
1,000
1,015
250
295
150
305
390
171
150
304
2,040
2,000
400
375
805
460
410
375
763
452
1,247
1,255
400
124
285
438
410
113
305
427
793
745
0
251
520
22
0
262
458
25
1,193
3,309
272
279
281
361
481
808
1,022
998
1,193
2,793
272
279
281
361
481
808
1,022
482
-
516
-
-
-
-
-
-
-
516
Almazy Anabara
6,750
5,604
0
1,874
4,876
0
0
2,200
3,404
0
Nizhne-Lenskoye
5,338
5,814
0
1,786
3,552
0
0
2,080
3,734
0
36,043
35,922
5,443
9,936
14,286
6,378
5,366
10,262
13,020
7,274
‘000 t
Aikhal Division
Jubilee pipe
Mirny Division
Alluvial and technogenic deposits
Udachny Division
Udachnaya pipe
Udachnaya underground mine
Zarnitsa pipe
Nyurba Division
Nyurbinskaya pipe
Alluvial deposits
Severalmaz
Arkhangelskaya pipe
Karpinskogo-1 pipe
Total
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Investor Relations
1-st Kazachy Per., 10-12
Moscow 119017
Russia
Tel.: +7 495 745 58 72
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