Finance ministry mulls support of ALROSA by acquiring diamonds - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Finance ministry mulls support of ALROSA by acquiring diamonds

MOSCOW, Mar 31 (PRIME) -- The Finance Ministry is discussing support of Russian diamond producer ALROSA through the acquisition of its products by the precious metals and gems repository Gokhran, but no estimates is available yet, Deputy Finance Minister Alexei Moiseyev told reporters on Tuesday.

“(The government) is discussing the issue. No calculations have been performed so far… Of course, the company has colossal losses, it cannot just stop and switch off everything… The sum (of the purchases) is being discussed,” he said.

End

31.03.2020 15:48