Alrosa’s production in 2015 up 6%

Mining major Alrosa announced its production results for the year 2015. During this period, production increased 6 percent on y-o-y basis to 38.3 million carats, the company noted. It attributed this to - commissioning of the Botuobinskaya pipe in Q1 2015, diamond output growth at Karpinskogo-1 pipe of Lomonosov deposit (Severalmaz), and growth in diamond production at the Mir and Udachny underground mines.

The company also announced the preliminary sales performance in the year, during which it sold 30 million carats of diamonds, with revenues from rough diamond sales amounting to at least USD 3.4 billion. In the fourth quarter of the year, Alrosa sold 7.1 million carats of diamonds, including 4.1 million carats of gem-quality diamonds at an average price of USD 166 per carat and 3 million carats of industrial diamonds at an average price of USD 10 per carat.