OREANDA-NEWS. ALROSA reports Q4 and FY 2015 production and preliminary trading performance.

Production performance

ALROSA’s 2015 diamond production totalled 38.3 million carats, up 6% y-o-y, driven by the following factors:

- commissioning of the Botuobinskaya pipe in Q1 2015,

- diamond output growth at Karpinskogo-1 pipe of Lomonosov deposit (Severalmaz),

- growth in diamond production at the Mir and Udachny underground mines.

Preliminary sales performance

Indicatively, in 2015 ALROSA sold 30.0 million carats of diamonds. Revenue from rough diamond sales is set to reach at least USD 3.4 billion.

In Q4 2015, ALROSA sold 7.1 million carats of diamonds, including 4.1 million carats of gem-quality diamonds at an average price of USD 166 per carat and 3.0 million carats of industrial diamonds at an average price of USD 10 per carat.