In the first 9 months, Alrosa reduced proceeds by 27%, increased diamond mining by 16%
Edited by Rhod Mackenzie / 2015-10-21 07:55:36
ALROSA Finance Metals and mining Russia Russia mineral extraction Financial results Russia Metals and Mining Diamonds
In the first nine months of 2015, the group Alrosa, the largest diamond mining in the world, reduced the volume of diamond sales by 20% to 23 million carats. The proceeds from the sale of diamonds fell, according to preliminary data, by 27% to at least $2.7 billion as compared to the same period of 2014, the company reports.
At the same time, in the first nine months, the company increased its diamond production by 16% to 29.6 million carats, and kept the production plan for 2015 in the volume of 38 million carats, the report says.
