Upcoming B2B Gems & Jewellery Exhibition- 19th - 20th - 21st January 2019. Bangalore.

Alrosa Q1 2016 production lowered!

2016-05-03


Alrosa’s Q1 2016 diamond production totalled 8.2 million carats, down 2% y-o-y, driven by the specific factors.  Increase in ore processing at Mir underground mine and decrease in ore processing at International underground mine & partial replacement of ore processed from Udachny pipe with ore processed from Zarnitsa pipe due to the termination of open-pit mining at Udachny pipe.

Preliminary sales performance indicatively shows in Q1 2016 Alrosa sold 12.1 million carats of diamonds, including 8.9 million carats of gem-quality diamonds at an average price of USD 146 per carat and 3.2 million carats of industrial diamonds at an average price of USD 7 per carat. Revenue from rough diamond sales amounted to at least USD 1.3 billion.