ALROSA

Alrosa to look for new fields in Angola

Alrosa is preparing to explore a new diamond area in the African region of Lucapa in Angola, the corporate newspaper of Alrosa said.

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Alrosa sells $10.3 million worth of diamonds in Vladivostok

Alrosa summed up the auction in Vladivostok for the sale of large diamonds of special sizes (more than 10.8 carats), the total revenue reached $10.3 million, the company said.

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Russia and Yakutia to save controlling stake in Alrosa

As it has become known to the Kommersant, Russia and Yakutia, which have repeatedly argued about the prospects of reducing state participation in Alrosa, have decided to leave in force a joint-stoc

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In the first 10 months, Alrosa increased sales by 6%

In January-October 2018, sales of Alrosa’s diamond products in value terms amounted to $3.905 billion, which is by 6% higher than in the previous year, the company reports.

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ALROSA mined the first large diamond on Verkhne-Munskoye deposit

The first large diamond of gem quality was mined by PJSC ALROSA at the Verne-Munskoye deposit. The operation of the site in the Olenek region of the republic began on October 31, 2018.

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Alrosa changes forecast on sales for 2018

Alrosa has changed its sales forecast for 2018 to 37-38 million carats due to a decrease in demand for small-sized raw materials in the second half of the year, the company reports.

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In the first 9 months, Alrosa’s profit grew by 33%

In the first 9 months, the Alrosa’s net profit increased by 33% to 82.5 billion rubles, it follows from the company's report.

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Putin launches mining of Verkhne-Munskoye diamonds

The Verkhne-Munskoye diamond deposit, launched in Yakutia on Wednesday, will secure the position of Alrosa as the leader of diamond mining in the world market, the Russian President Vladimir Putin

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ALROSA names partners for restoration of Mir mine

ALROSA attracted the Canadian Sight Power, the German Itasca and the British SRK Consulting to develop a project to restore the Mir mine in Yakutia.

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Bahrain Fund agrees to buy large stake in ALROSA

The sovereign fund of Bahrain, which has about $15 billion of assets under management, expressed interest in acquiring a large stake in ALROSA in the event of its privatization.

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