As it has been informed by ITAR-TASS, the first line launch at Lomonosov diamonds deposit is planned for the end of June 2005. this project costs 160 mln and the factory production volume is estimated at about 1 mln of ore mining.

Lomonoosv diamonds deposit has been developed by Severalmaz Company since 1994. The deposit exploitation will take, according to forecasts, 50 years.