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Rough Diamond Supplies to More Armenian Polishers in 2012

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  • Rough Diamond Supplies to More Armenian Polishers in 2012

    IDEX Online
    Dec 28 2011


    Rough Diamond Supplies to More Armenian Polishers in 2012

    (December 28, '11, 7:28 IDEX Online Staff Reporter)

    (IDEX Online News) - Armenia's diamond polishing facilities will
    reportedly have access to more rough diamonds, though it is not clear
    how much more. The country is to get 25 percent more rough diamonds in
    2012; however, prices in 2011 have increased by as much.



    Armenia will get $50 million worth of rough diamonds from Alrosa in
    2012, according to Armenia's minister of economy, Tigran Davtyan. In
    2011, the country was allocated $40 million worth of rough by Alrosa.



    Davtyan said at a recent news conference that in the past, Alrosa
    supplied only one Armenian polisher. Now ten companies are planned to
    be supplied.

    http://www.idexonline.com/portal_FullNews.asp?id=36245

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