25 June 2017
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ALROSA’S Q1 PRODUCTION: 8.9M CARATS
20 April 2017
Russian mining company Alrosa has announced production and preliminary sales results for the first quarter of 2017 (Q1 2017), reporting 8.9 million carats produced in Q1, a 9 percent rise in diamond production compared with the similar Q1 2016 period.

The company notes that the growth in production is attributed to the ramp-up of diamond mining at the Aikhal, Mir, International and Udachny underground mines and processing of higher grade ore from the Jubilee pipe, in line with the 2017 production plan of 39.2 million carats - which is 5 percent higher than 2016.

Alrosa reports total diamonds sales for Q1 at 14.1 million carats (preliminary data) of which 11 million carats of gem-quality diamonds with an average price of US$117 per carat.

Total revenue from rough diamond sales in Q1 totalled at least US$1.309 billion, says Alrosa, while revenue from polished diamond sales reportedly totaled at least US$32 million.
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