The company announced on Friday that its total sales of rough and polished goods in March reached $357 million, including $345 million from rough diamonds and $12 million from polished diamonds.
ALROSA garnered $1,159 million from total diamond sales in the first three months of 2021, including $1,126 million from rough and $33 million from polished sales.
“Jewelry sales results at key markets, including USA and China, indicate a persistently high demand from end-consumers. ALROSA retains its commitment to a prudent sales strategy, aimed at keeping the industry balance through supplying real demand. March sales were in line with our expectations. As we see the market today, polished diamonds stocks in the global pipeline are at a comfortable level, while rough diamonds stocks are approaching low levels,” said Evgeny Agureev, Deputy CEO of ALROSA.
Exclusive
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
