The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
ALROSA (MCX:ALNU) released its production results for the fourth quarter of 2015, as well as the year as a whole. In all, the company produced 38.3 million carats in 2015, up 6 percent year-on-year.
ALROSA (MCX:ALNU) released its production results for the fourth quarter of 2015, as well as the year as a whole. In all, the company produced 38.3 million carats in 2015, up 6 percent year-on-year. The increase was caused by the following factors:
- commissioning of the Botuobinskaya pipe in Q1 2015,
- diamond output growth at Karpinskogo-1 pipe of Lomonosov deposit (Severalmaz),
- growth in diamond production at the Mir and Udachny underground mines.
The company also included information on its preliminary sales performance:
Indicatively, in 2015 ALROSA sold 30.0 million carats of diamonds. Revenue from rough diamond sales is set to reach at least USD 3.4 billion.
In Q4 2015, ALROSA sold 7.1 million carats of diamonds, including 4.1 million carats of gem-quality diamonds at an average price of USD 166 per carat and 3.0 million carats of industrial diamonds at an average price of USD 10 per carat.
Click here to read the full ALROSA (MCX:ALNU) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â