ALROSA Sell $1.582B Of Rough Diamonds In First Quarter

By Albert Robinson / April 10, 2018 / www.idexonline.com / Article Link

(IDEX Online) - ALROSA sold $1.582 billion of rough diamonds in the first three months of this year, with sales of almost $550.3 million in March alone.

 

"In January-March, world markets saw higher demand for medium and large-size rough diamonds compared to the same period last year," said ALROSA Deputy CEO Yury Okoemov. "There was a slight seasonal cooling off in demand in March. However, good results of special size diamond auctions (over 10.8 carats) ensured higher sales this month compared with February 2018. It should be noted that at the end of the first quarter rough diamond stock approached the technological minimum level."

 

In March, ALROSA sold $9.1 million of polished diamonds, while sales for the first quarter were previous month of $23.7 million.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok