Diamond output of Russian uncut diamond mining giant Alrosa fell by 6% YoY to 27.9 million carats in January-September due to lower output, the company said in a statement.
Less sands from alluvial deposits were processed at the Nurba plant because of adjustment of the 2016 production plan; less ore was produced at the Aikhal underground mine because more ore from the Komsomolskaya mine was processed at Processing Plant Number 8 following expansion works on the open pit; and open-pit mining at the Udachnaya pipe was stopped, Alrosa said.
Revenue from sales amounted to at least $976 million in July-September and at least $3.5 billion in January-September.
“Indicatively, in July-September Alrosa sold 8.3 million carats of diamonds, including 5.8 million carats of gem-quality diamonds at an average price of $165 per carat and 2.5 million carats of industrial diamonds at an average price of $7 per carat”, the company said. (PRIME/Business World Magazine)
