(Rapaport) - Full-year diamond production from the Grib mine in Russia is on track to rise 16% in 2017, contributing to an overall increase in sales from the operation. The mine’s output is expected to reach 4.4 million carats in 2017, compared with 3.8 million carats last year, Alexey Genkin — general manager of the mine’s marketing unit, Grib Diamonds — told Rapaport News during a recent visit to the Israel Diamond Exchange, as part of the bourse's drive to enhance its rough trading platform. The plan is to raise production to 4.9 million carats in 2018, he said in the interview.
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Norilsk hosts Nornickel’s 3rd Geology and Mine Surveying Forum
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