ALROSA Diamond Production Expected to Reach 39 Million Carats in 2016

(IDEX Online News) – ALROSA’s diamond production is expected to reach up to 39 million carats in 2016.

By value, rough diamond sales are planned at $3.5 billion, which takes into account minimal demand growth.

The company said the key objectives of the 2016 production program are to reach the design capacity of the Mir underground mine and put the second start-up complex of the Udachny underground mine into operation in the second half-year.