Armenia Posts Jump in Polished Production in Q1-3

(IDEX Online News) – Armenia produced 66,965 carats of polished diamonds in the January-September period of this year compared with 42,427 carats in the same period of last year.

The country’s National Statistical Service also reported that Armenia produced 818.6 kg of jewelry in the first nine months of this year compared with 740.6 kg in the year-earlier period.

Meanwhile, the Armenian Economy Ministry reported that Russian diamond mining giant Alrosa sold 40,233 carats of diamonds worth $4.85 million to Armenia in the January-September period of this year.

In the same period of 2012, Alrosa sold 34,769 carats of rough stones with a value of $7.59 million in the same period of 2012.