You're reading: The Economist: Alrosa is betting on natural diamonds

From the air, the mine in Nakyn looks as if a giant took an ice-cream scoop to the Earth’s crust. Inside the pits, in Russia’s far-eastern region of Yakutia, trucks with wheels taller than their drivers rumble along narrow dirt roads carved into the mine’s walls, carrying loads of ore. The purpose of this gargantuan enterprise is something altogether more discreet. For Nakyn harbours one of the world’s richest deposits of diamonds.

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