By the end of 2023, the Russian diamond mining company ALROSA managed to fulfill its production plan and mine 34.6 million carats of diamonds, the government of the Yakutia Rupublic reported citing the company’s CEO Pavel Marinychev.
“Despite the negative external background, the company completely fulfilled the diamond production plan at 34.6 million carats. This is only slightly lower than last year’s figure (35.6 million carats),” TASS quoted the authorities as saying.
The head of Yakutia Aisen Nikolaev positively assessed the company’s results in 2023: “The ALROSA Group of Companies is the largest budget-generating industrial structure in our republic. The enterprise has fulfilled all the main production targets for 2023.”
“We would like to remind you that this year ALROSA paid dividends to shareholders for the first time in the last two years, and in general, it is expected that the company’s payouts to the republic’s budget will significantly exceed the initial forecasts and last year’s figure,” Yakutia's government said in a statement.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished
