ALROSA may cut diamond prices again as orders fall short

Russian diamond miner ALROSA may cut prices again in the second half of the year after already lowering them by 6 percent earlier in 2015, chief financial officer Igor Kulichik said during a conference call with investors on September 1. Customers cancelled half of the orders placed at ALROSA's trading session in July and it was considering another price cut because of slack demand....Read More