Loading ...Russia’s Alrosa, the world’s top diamond producer by output in carats, added to the increasing gloominess in the industry Wednesday by revealing it was able to sell only 42% of the precious stones it mined in the quarter ending in September.
The rough-diamond miner extracted about 11.6 million carats in Q3, or 20% more than in the same period last year. However, it sold merely 4.9 million carats in the period, according to the quarterly results published today.