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ALROSA Group Values $1.7 Billion Worth from January to September

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The mining company reported...

ALROSA reported that the group produced $1.71 billion worth of rough diamonds during the first nine months of the year.

Alrosa head office in MirnyRough diamond sales through the period amounted to $2.68 billion with 70 percent of goods sold abroad. Polished sales amounted to approximately $110.4 million.

The group’s net profit rose to approximately $298 million (RUB 9.35 billion), which was almost double the level for the same period in 2008, the company said.

By: Avi Krawitz

Date: 11/28/2010