ALROSA Reports Production Results for the Third Quarter and Nine Months of 2018; Provides Production Guidance for the Full Year of 2018
For the nine months, the company reported diamond production of 26,432,000 cts against 29,542,000 cts a year ago. Ore and gravels processing was 33,038,000 t against 31,871,000 t a year ago. Grade was 0.80 cpt against 0.93 cpt a year ago.
For the year of 2018, production outlook remains unchanged at 36.6 m carats, a decrease of 8% year over year.