Underground diamond mining Russia

Alrosa Sells $365 Million Worth of Diamonds in May 2021

Russian mining giant Alrosa has published its preliminary rough and polished sales results for May 2021.

 

230 carat diamond Russian miner Alrosa
Credit: Alrosa

 

Rough and polished diamonds totaled $365 million in May. Rough diamond sales totaled $346 million, while polished diamond sales totaled $19 million. For the first five months of 2021, total rough and polished diamond sales totaled $1.926 billion, including $1.855 billion of rough diamond sales and $71 million of polished sales.

 

alrosa rough diamonds russia
Credit: Alrosa

 

Evgeny Agureev, Deputy CEO of Alrosa, commented on the results: “Our May sales results demonstrate strong demand coming from the Indian midstream […] End-demand for diamond jewelry remains robust in all key regions. For the first four months of the year jewelry sales exceeded pre-COVID levels of 2019 by 30% in the US, and by 10% in China”.

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