ASSESSMENTS

Russia: Dominating Diamonds in Sakha

May 26, 2009 | 22:42 GMT

LUCIE GODEAU/AFP/Getty Images

Summary

The Kremlin-controlled Alrosa diamond-mining company is moving to consolidate its hold over Russia’s diamond production, particularly operations in the autonomous Sakha region. Should Russia consolidate its control over Sakha it can then turn its eyes abroad for greater influence over the international diamond market, with Angola likely attracting most of the interest.

A Kremlin move to control Russia’s diamond production could have an impact on the international market. ...

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