ALROSA Apr–Jun diamond output falls 18% to 8.5 mln carats

MOSCOW, Jul 23 (PRIME) -- ALROSA’s diamond production shrank 18% on the year to 8.5 million carats in April–June because of output contraction at the Mir mine following a 2017 flood, a lower diamond content in ore of the Internatsionalnaya, Yubileinaya and the underground part of the Aikhal pipe, the company said in a statement on Monday.

ALROSA’s 2018 diamond production plan stands at 36.6 million carats.

Diamond sales amounted to 9 million carats, falling 32% on the quarter. Reserves amounted to 11 million carats.

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