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Alrosa's diamond sales hit $1.34 bln in Jan.-Sept.

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15:39 05/10/2009

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MOSCOW, October 5 (RIA Novosti) - Alrosa, Russia's largest diamond miner, said on Monday it sold diamonds worth $1.34 billion in January-September 2009, including sales to Russia's State Depository for Precious Metals.

Alrosa, which accounts for 97% of Russian and 25% of global diamond output, sold diamonds worth $651.5 million in September, with the larger part sold to the State Depositary, the company said in a statement.

Alrosa CEO Fyodor Andreyev earlier said the company intended to sell diamonds worth $2.75 billion in 2009 or about the same volume it sold in 2008.

The federal government holds a controlling stake in Alrosa.

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Alrosa's diamond sales hit $1.34 bln in Jan.-Sept.

15:39 05/10/2009 Alrosa, Russia's largest diamond miner, said on Monday it sold diamonds worth $1.34 billion in January-September 2009, including sales to Russia's State Depository for Precious Metals.>>

Other news of the day