Alrosa to reduce prices by 8-10% in September sale
Mining giant Alrosa will lower is prices of rough diamonds by 8-10 percent at its September sale, reports say. The sale is slated between September 16 and September 21 as per reports.
The mining major decided on reducing its prices citing the weak diamond demand and prevailing global economic strain. Also, the mining giant plans 50 percent deferrals at the sale, reports say.