Equities

ALRS

RU0007252813

Non-Gold Precious Metals & Minerals

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Mar. 28	Russia confirms deal to buy part of diamond producer Alrosa's output	RE
Mar. 14	Russian diamond ban creates costly delays, Antwerp diamond dealers say	RE

AK Alrosa : ALROSA sells rough and polished diamonds worth USD 334.2 million in November

December 07, 2017 at 04:08 am EST

Moscow, December 7, 2017 − ALROSA Group, the world leader in diamond production, announces diamond sales results for November and eleven months of 2017.

In November 2017, ALROSA Group sold USD 334.2 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 325.8 million, polished diamond sales - USD 8.4 million.

In January-November 2017, ALROSA's rough and polished diamond sales amounted to USD 4.029 billion. Rough diamonds were sold for USD 3.942 billion, polished diamonds - for USD 87.4 million.

'Sales in November were consistent with our expectations. The core sales markets displayed strong demand for rough diamonds. The significant sales growth in monetary terms against last November (+36%) is due, in part, to the low base effect. As a result of the currency reform in India late last year, the demand for rough diamonds from small and middle-sized cutting and polishing companies in this country was temporarily reduced,' ALROSA Vice President Yury Okoemov commented on the sales in November.

This page was last updated on 07 December 2017 at 12.00

ALROSA PJSC published this content on 07 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 December 2017 09:06:03 UTC.

Original documenthttp://eng.alrosa.ru/alrosa-sells-rough-and-polished-diamonds-worth-usd-334-2-million-in-november/

Public permalinkhttp://www.publicnow.com/view/60A2551252ACBC58F84AA0CA914288E134460952

Latest news about ALROSA

Russia confirms deal to buy part of diamond producer Alrosa's output	Mar. 28	RE
Russian diamond ban creates costly delays, Antwerp diamond dealers say	Mar. 14	RE
EU, G7 indirect Russian diamond ban comes into effect	Mar. 01	RE
Public Joint Stock Company ALROSA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 25	CI
UK announces new Russia sanctions to mark Ukraine invasion anniversary	Feb. 22	RE
EU adds Russia's biggest diamond producer Alrosa to sanctions list	Jan. 03	RE
Russia's Alrosa 2023 diamond output falls to 34.6 mln carats	Dec. 22	RE
Russia says it will have no trouble skirting latest EU sanctions	Dec. 19	RE
Angola's new diamond mine opens against backdrop of weak demand	Nov. 27	RE
EU plan for new Russia sanctions to go to members this week - Borrell	Nov. 13	RE
EU to host 3-day G7 technical meeting on Russian diamond ban next week - sources	Nov. 09	RE
EU countries to debate of 12th package of Russia sanctions next week - officials	Nov. 08	RE
In diamond centre Antwerp, Russian gems are already shunned	Nov. 03	RE
G7 plan to ban Russian diamonds to further dim industry sparkle	23-10-30	RE
G7 to discuss four versions of Russian diamond ban this week- sources	23-10-19	RE
G7 to discuss four versions of Russian diamond ban this week- sources	23-10-18	RE
Indian trade bodies call for two-month halt to rough diamond imports	23-09-27	RE
India visit next week as G7 looks to take the shine off Russian diamonds	23-09-21	RE
Alrosa suspends rough diamond allocations for Sept-Oct - India's trade body	23-09-20	RE
G7 to announce Russian diamonds ban in 2-3 weeks - Belgian official	23-09-15	RE
India asks US to release funds frozen over suspected Russia diamond link -sources	23-08-30	RE
Russia's Alrosa reports strong diamond sales despite sanctions	23-08-14	RE
Public Joint Stock Company ALROSA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-13	CI
De Beers-Botswana deal signals rocky road for rough diamonds	23-07-03	RE
Russian rouble recovers some ground after volatile week	23-06-19	RE

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Company Profile

PJSC Alrosa specializes in exploring and extracting diamonds. Net sales break down by activity as follows: - production and sale of diamonds (93.9%); - transport services (2.7%); - gas sales (1.4%); - operation of social infrastructure (1.2%): residential units, sports complexes, cultural facilities, etc.; - other (0.8%). Net sales are distributed geographically as follows: Russia (12.1%), Belgium (36.1%), India (20.1%), United Arab Emirates (20.1%), Israel (8.2%), Switzerland (1.1%), China (1%) and other (1.3%).

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Non-Gold Precious Metals & Minerals

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