According to Andrei Zharkov on a number of strategic issues at variance with the views of the officials holding the majority of seats on the Supervisory Board of ALROSA, Bloomberg writes. One of the sources of "Kommersant" says that the differences arose on the sale of Federal Property Management Agency controlling stake in OJSC "Diamond World" (until recently, the only one in the RF range of custom diamond processing), where ALROSA more than 47%, as well as the approval of the company's budget for 2017 year: Ministry of Finance insisted on its reduction, but Mr. Zharkov was against it. Other interlocutors "Kommersant" said that the head of the Alrosa had a difficult relationship with the officials, except for the company in charge of Deputy Prime Minister Yuri Trutnev, who put forward Andrei Zharkov to the post in 2015. Deputy Prime Minister insisted on the development of cutting and polishing business ALROSA, which is opposed by the former head of Fyodor Andreev (died in January 2015). Andrey Zharkov, together with the customs broker TBSS opened in 2016 Eurasian Diamond Center in Vladivostok, was unhappy than Yakutia (there is expected that the project will be implemented in the country), says one of the "Kommersant" interviewees.
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Rio Tinto recently reported its third quarter results, according to which the company's diamond production for the nine months to September 2015 was 13.126 million carats, up 19% compared to the same period in 2015.
The mining of diamonds at the Argyle mine for the first 9 months of 2015 was 20.105 million carats, an increase of 37% compared to 2014. Meanwhile, diamond mining at the Diavik mine fell 13.7% to 2.945 million carats. At the mine of Murowa, which until recently belonged to Rio Tinto, diamond mining amounted to 0.077 million carats, or 68% lower than in the first nine months of 2014. At the same time, the increase in production from the underground mine at Argyle led to the fact that in the third quarter, 43% more diamonds were mined - 0, 35 million carats against 0.2 million carats in the third quarter a year earlier.
Meanwhile, in the third quarter of 2015, diamond production decreased by 24% compared to the same period in 2014, to 0.76 million carats. In the first nine months of this year, production at Diavik decreased by 14% compared to the same period last year. According to the company's representatives, the reason for the decrease was a smaller volume of rock processing and a lower content of diamonds in the ore on kimberlite pipes A418 and A154N on Diavik.
Rio Tinto Diamonds in the fourth quarter suspended the final processing of products at the Argyle mine in response to market conditions. In addition, it lowered the forecast for annual diamond production, from 20 million carats to 18 million carats.
Rio Tinto owns 100% of the Argyle mine in Western Australia and 60% of the Diavik project in the Northwest Territories of Canada.
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