Alrosa's sale slump continues

By Staff reporter / July 10, 2020 / www.mining-journal.com / Article Link

Sales of rough and polished diamonds amounted to US$31.3 million in June, down 22% on the May figure. The company's monthly sales totalled just over US$400 million in January.

"June sales were expectedly low, as we continue making every effort to maintain stability of the diamond industry and support our customers," said Alrosa's deputy CEO Evgeny Agureev.

Alrosa has been offering flexible sales terms to keep long term customers interested, "including the opportunity to defer purchasing contracted volumes".

Agureev said the company "will use all its armour and resources to balance the supply of diamonds with confirmed demand and to avoid putting pressure on the market, which shows signs of recovery".

Recent News

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com

Gold stocks continue to soar as markets stumble

September 29, 2025 / www.canadianminingreport.com

Gold stocks again reach new highs

September 22, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok