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Public Joint Stock Company Severalmaz is located in Northwestern part of Russia, in Arkhangelsk region, and is one of the youngest diamond extraction companies in Russia.
Severalmaz was found according to the decree of Russian Federation Government of 20 March 1992 “On behalf of the industrial development of M.V. Lomonosov diamond deposits in Arkhangelsk region and the creation of production facilities for extraction, sorting, cutting diamonds and manufacturing of diamond tools”.
M.V. Lomonosov diamond deposit has six kimberlite pipes: Arkhangelskaya, of Karpinskiy-1, of Karpinsky-2, Pionerskaya, Pomorskaya, and of Lomonosov. JSC Severalmaz was registered in Arkhangelsk on 27 of August 1992.
Industrial diamond extraction conducted from tubes "Arkhangelskaya" and of Karpinskiy-1. Processing plant can process up to 4 million tons of ore per year