Alrosa output of diamonds up 14%

Image courtesy of Alrosa

Sergei Ivanov appointed new president

The miner, majority-owned by the Russian government, said it produced 19.3-million carats of rough diamonds from the processing of 16.9-million tonnes of ore and sand, Mining News reports.

The world's top diamond producer by output in carats, produced 14% more in the first half of this year than in the same period of 2016, thanks to higher grades achieved from several pipes.

Alrosa, which expects to increase production by 6% to 39.2 million carats this year, recently appointed Sergei Ivanov, the son of a close advisor to Russian president Vladimir Putin, as its new president.