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ALROSA (MCX:ALRS) announced in its operational overview that it plans to ramp up its diamond production by 5 percent, to 38 million carats, in 2015.
ALROSA (MCX:ALRS) announced in its operational overview that it plans to ramp up its diamond production by 5 percent, to 38 million carats, in 2015. The company expects to sell 2 million carats from existing inventory in the coming year.
As quoted in the press release:
ALROSA’s Q4 2014 diamond production totalled 10.56 million carats, which is 8% higher compared to Q3 2014. The production increase was driven by the completion of planned maintenance at processing plants, which process ore from the International, Aikhal and Mir underground mines. The Company highlights the progress in key investment projects in Q4 2014.