ALROSA’s Sales +21%

alrosaALROSA’s sales of rough and polished diamonds in the first two months of 2012 rose 21 percent to $694 million, the company reported. ALROSA reported sales of $574 million for the corresponding period in 2011.

The company noted steady and growing global demand for rough diamonds and expects its first quarter sales of rough and polished diamonds to reach $1.123 billion.

Since the beginning of 2012, the demand for polished diamonds and diamond jewelry has grown by eight to twelve percent with a slight drop in global diamond production, ALROSA said.

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