ALROSA

ALROSA seeks approaches to wealthy clients

The diamond mining company ALROSA is going to sell large and unique diamonds to wealthy clients of Russian banks.

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Alrosa places 5-year Eurobonds for $500 mln under 4.65%

The diamond mining company Alrosa has placed 5-year Eurobonds for $500 million with a yield of 4.65% per annum.

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Alrosa sells large diamonds for $11.8 mln in New York

Alrosa has held the first diamond auction in New York in 2019, at which it earned $11.8 million, the company reported.

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Alrosa estimates diamond content of Verkhne-Munskoye deposit in Yakutia

Alrosa has assessed diamond content of the Verkhne-Munskoye deposit located in the Mirny district of the Republic of Sakha (Yakutia).

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Almazy Anabara increased reserves by 2.2 mln carats in 2018

On results of geological works and operational exploration, which was carried out in 2018, Almazy Anabara increased reserves by 2.2 million carats.

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Alrosa’s capital expenditures till 2024 to be 135 bln rubles

The diamond mining company Alrosa intends to allocate 135 billion rubles for capital expenditures in 2019-2024.

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Alrosa earns $14.6 million at auctions in Hong Kong

Alrosa held rough and cut diamond auctions in Hong Kong, which were held simultaneously with the Hong Kong International Diamond, Gem & Pearl Show, earning $14.6 million, it follows from the co

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Fitch raises rating of Alrosa to investment level

International rating agency Fitch Ratings has raised long-term issuer default rating of Alrosa from BB+ to BBB -. The outlook on the rating is stable.

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In 2024-2030, Alrosa plans production in the volume of 37-38 mln carats per year

In 2024-2030, Alrosa plans to maintain production volumes at the level of 37-38 million carats of diamonds annually, it follows from presentation of the company.

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Alrosa’s resources increase to 1.064 bln carats

Diamond mining company Alrosa has updated data on reserves and resources in accordance with the JORC code as of July 1, 2018.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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