Newsletter
Submit
World Clock
Hong Kong  03:59
New York  15:59
Mumbai  01:29
Jerusalem  21:59
Brussels  20:59
Moscow  23:59
Home > Diamond News Center > Diamond News > Mining

Alrosa: Diamond Production Will Reach 39.6 Million Carats in 2018

/ Mining
ROUGH DIAMOND
Alrosa  Enlarge
One of Alrosa's diamond mine
Alrosa's annual diamond production will reach 39.6 million carats in 2018, the Russian diamond company announced Monday.
 
In 2009, a year still beset by the global financial crisis that hit the diamond industry in late 2008, Alrosa produced 32.8 million carats of rough diamonds, many of which were sold to the Russian Treasury to keep them from flooding the market.
 
According to Alrosa's strategic development plan, an investment of $7.38 billion over seven years will see the completion of development and the beginning of production at the Mir, Aikhal, and Udachny diamond deposits.
 
As far as sales, Alrosa predicts annual sales revenue of $35.1 billion from 2011-2018, with profit of $3.21 billion.
 
 
 

 
Recommendations from Facebook
© Copyright 2014 Israel Diamond Institute. All rights reserved
Terms of Use Privacy Policy
Israel Diamond Institute ewave
Access the Israel diamond institute portal
registred members
  #
Forgot your password?