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SOURCE: ARMENIA'S ROUGH DIAMOND BUYS FROM ALROSA 70% HIGHER IN 2011
Tacy
http://www.diamondintelligence.com/magazine/magazine.aspx?id=10219
Jan 30 2012
Israel
Nine Armenian diamond manufacturers purchased US$43 million worth
of rough diamonds from Russian mining conglomerate Alrosa in 2011,
compared to US$25 million in 2010, reports Interfax, citing Armenia's
First Deputy Economic Minister, Karine Minasyan.
According to Minasyan, there is potential for additional diamond
manufacturers to purchase even more rough from Alrosa in 2012,
possibly increasing purchases to US$50 million. However, she added,
local demand for Alrosa's diamonds remains below what the Russian
company can supply. "Our enterprises might be able to purchase a lot
more [diamonds from Alrosa] but they aren't buying based on current
demand and market prices," she said, as quoted by the news source.
Tacy
http://www.diamondintelligence.com/magazine/magazine.aspx?id=10219
Jan 30 2012
Israel
Nine Armenian diamond manufacturers purchased US$43 million worth
of rough diamonds from Russian mining conglomerate Alrosa in 2011,
compared to US$25 million in 2010, reports Interfax, citing Armenia's
First Deputy Economic Minister, Karine Minasyan.
According to Minasyan, there is potential for additional diamond
manufacturers to purchase even more rough from Alrosa in 2012,
possibly increasing purchases to US$50 million. However, she added,
local demand for Alrosa's diamonds remains below what the Russian
company can supply. "Our enterprises might be able to purchase a lot
more [diamonds from Alrosa] but they aren't buying based on current
demand and market prices," she said, as quoted by the news source.