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ALROSA Sales Reach More Than $313 million in January

ALROSA Sales Reach More Than $313 million in January

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ALROSA Sales Reach More Than $313 million in JanuaryThe company revealed...

Alrosa sold more than $313 million worth of rough and polished diamonds in January, the Russian diamond giant revealed.

Alrosa headquarter in MirnyAlrosa expects total group rough and polished diamond sales in the first quarter of 2011 to pass $880 million.

Demand for rough diamonds has been steady since the beginning of the year following good holiday sales of diamond jewelry, according to the company.

ALROSA also said its total debt currently stands at $3.2 billion and that it plans to reduce its exposure to $2.78 billion by the end of 2011.

By: JewelryOurs
Date: 2/07/2011

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