ALROSA COULD SLASH DIAMOND SALES 30 percent, MAY BE ASKED FOR HIGHER INTEREST ON LOAN

摘要

Alrosa could slash supplies of uncut diamonds to the market by up to 30 percent, a company representative told Interfax on October 20. The reduction will affect the whole range of Al-rosa's diamonds. Alrosa, which mines approximately a quarter of the world's diamonds, said this was being done "to stabilize the world diamond and gem market stable in the current economic situation." "The world's biggest diamond mining companies are taking the measures needed to revive the market, including by cutting supplies," the Alrosa representative said.