Rough Diamond Prices to Rise 2 to 3 Percent in 2014: ALROSA

Reuters reported that Russia’s ALROSA (MCX:ALNU) sees global rough diamond prices rising 2 to 3 percent in 2014. Its plan is to keep its diamond production flat next year.

As quoted in the market news:

The firm, which competes with Anglo American-owned De Beers for the position of the world’s largest diamond miner, produced about 36 million carats in 2013, up from 34.4 million carats in 2012.

Click here to read the full Reuters report.