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Alrosa
Alrosa Profit Dips Amid Shift to Smaller Stones
Alrosa’s profit decreased in the first quarter as its sales mix shifted to lower-value goods. Net profit fell 27% year on year to RUB 24.1 billion ($371.6 million) forthe period, the miner said last week....
Mining May 19, 2019 Rapaport News
Alrosa
Alrosa’s Revenue Falters on Weak Prices
Alrosa’s sales fell in the first quarter amid lower rough pricesand a larger proportion of small diamonds. Revenue from rough stones slid 37% year on year to $988million for the three months ending March 31,...
Mining Apr 17, 2019 Rapaport News
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