Lucapa Diamond to restart halted Merlin mine
The phased approach will begin with an 18-month initial phase focused on excavating and dredging five existing pits.
Russian diamond producer Alrosa said its rough and polished diamond sales stood at $181.8 million in August, its second lowest monthly sales figure this year.
“The diamond market is still experiencing headwinds from both macroeconomic and industry specific factors, which have an adverse impact on the midstream,” said Evgeny Agureev, an executive at Alrosa.
(By Andrey Kuzmin and Tom Balmforth; Editing by Jason Neely)
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