Alrosa November Sales Up 5% Year-Over-Year
December 10, 19
(IDEX Online) - Alrosa's sales of rough and polished diamonds in November increased 5 percent year-over-year, the miner announced today (Tuesday). Sales reached $287.8 million during the month. Rough diamond sales mounted to $282.1 million while polished diamond sales totaled $5.8 million. For the year to date, Alrosa has sold $2,974 million worth of goods. During the first 11 months of 2019, rough diamond sales totaled $2,921 million and polished diamonds $53 million. "November sales growth [is] evidence that [the] midstream sector, specifically in India, is on track to restore its balance," said deputy CEO Evgeny Agureev. Somewhat more active purchasing activity at end-consumers in key regions also provide support to our sales volumes," he added. *Including supplies to Kristall Production Corporation ** Not including sales of polished diamonds manufactured by Kristall Production Corporation