Russian diamond miner Alrosa Q2 output down 16 pct yr/yr
MOSCOW, July 21
MOSCOW, July 21 (Reuters) - Russian diamond mining company Alrosa said on Monday its second-quarter output fell 16 percent, year-on-year, to 8 million carats largely as a result of the scheduled repair works and lower grade at one of its pipes.
Alrosa, the world's top producer by output in carats, also reported a 7 percent output decline for the first half of the year to 15.9 million carats with sales up 13 percent to $2.7 billion. (Reporting by Polina Devitt; Writing by Maria Kiselyova; Editing by Lidia Kelly)