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    ALROSA Reports Sales Results

    Investing News Network
    Jan. 30, 2015 03:59AM PST
    Diamond Investing

    ALROSA (MCX:ALRS) announced the Q4 and 12M 2014 production results and preliminary sales results, reporting an 8% rise in diamond production compared to Q3 2014.

    ALROSA (MCX:ALRS) announced the Q4 and 12M 2014 production results and preliminary sales results, reporting an 8% rise in diamond production compared to Q3 2014.

    As quoted in the press release,

    – first 89 thousand tonnes of ore from the Udachny underground mine (commissioned earlier in 2014) were processed, diamond production totalled 114 thousand carats,

    – first 516 thousand tonnes of ore from the Karpinskogo-1 pipe of the Lomonosov deposit (under development by Severalmaz) were processed, diamond production totalled 266 thousand carats.

    Click here for the full Alrosa (MCX:ALRS) press release

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