As it has been informed earlier, Indian delegation is visiting Archangel region. On August 26 they visited OJSC Severalmaz. The purpose of the visit was learning of Lomonosov’s diamond deposit exploitation. Choron Diamonds Company made a presentation in the context of the visit.

In 2005 the first industrial diamonds are expected to come from Lomonosov’s deposit. This fact is very important for Indian gemstones cutting companies. They are particularly interested in cooperation with OJSC Severalmaz in different fields. Indian guests are ready to invest in the company’s deposits developments as well.

Next meeting during which further cooperation details will be discussed will take place in September 2004.