Make Kitco Your Homepage

Russia's Alrosa reports $181.8 mln in August sales

Kitco News

MOSCOW, Sept 10 (Reuters) - Russian diamond producer Alrosa said its rough and polished diamond sales stood at $181.8 million in August, its second lowest monthly sales figure this year.

"The diamond market is still experiencing headwinds from both macroeconomic and industry specific factors, which have an adverse impact on the midstream," said Evgeny Agureev, an executive at Alrosa.

(Reporting by Andrey Kuzmin; writing by Tom Balmforth; editing by Jason Neely)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.