ALROSA due to the lack of demand for diamonds from 15 may halted production at two low-margin deposits of the “Aykhal” and “dawn”, the staff of which will be partially removed in a simple. In addition, simple enterprises are already cutting and polishing Department of the company. While ALROSA does not need government support measures, said the CEO of the company Sergey Ivanov, but perhaps she will need in the absence of sales in the coming months.ALROSA reduced diamond mining: production at the mine “Aykhal” and career “dawn” will be stopped from 15 may until 30 September and 31 December, respectively, according to the company. Stop associated with pandemic COVID-19 crisis in the major markets, demand and sales of diamond products.Combined production totalled last year to 2.6 million carats for a total ALROSA production at 38.5 million carats. This year, the company was going to produce 34 million carats and while this plan is not corrected.In the fields worked 680. Some of the staff will continue to work to maintain the health of the mine. Part of the staff will be transferred to work in other shops and displayed in a simple. Work will resume after stabilization of the situation on the market.A number of companies ALROSA are already in simple. Company sent on administrative leave with pay 1 thousand employees cutting and polishing Department, said in an interview to RBC in the end of April the head of the company Sergey Ivanov. “With regard to the cutting and polishing Department, almost the entire production, including the plant in Barnaul, including Smolensk Kristall — about a thousand people, we were forced to send in a simple, paid in accordance with the legislation of the Russian Federation, until the end of summer this year just because the diamonds today that even we can produce, we will not be able to sell,” he commented.While the company does not require state support measures, but they will be needed in the absence of sales within three to four months, said Mr. Ivanov. As the main action deals with the purchase of diamonds to Gokhran. Sergei Ivanov reminded that in the crisis of 2008, the government purchased diamonds from ALROSA for $1 billion, and “this investment has paid off for several years.” Deputy Finance Minister Alexei Moiseev said on 30 April that the option of purchases of diamonds in Gohran discussed, but concrete yet.Eugene Zainullin
