ALROSA Reports Sales Results

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