ALROSA

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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The completion of the acquisition of Crystal is expected in Q1 - Alrosa

The closing of the deal on the acquisition of the largest diamond producer in Russia - Crystal - by the diamond-mining company Alrosa will most likely take place in the first quarter of 2019, Alros

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Alrosa expects to sell 166 diamonds in Vladivostok

Diamond mining company Alrosa has announced opening of the fourth auction for the sale of diamonds of special sizes of more than 10.8 carats.

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Alrosa increased diamonds production by 23% in Q3

In the third quarter of 2018, Alrosa increased diamond production by 23% quarter-on-quarter (+2% year-on-year) to 10.5 million carats in connection with the seasonal resumption of production at all

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In January-September, Alrosa increased its profit under RAS by 42%

In January-September 2018, Alrosa increased its net profit under RAS by 42.4% compared to the same period of the previous year to 72.776 billion rubles, it follows from the report of the company.

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Sales of Alrosa’s diamond products grew by 9% since the beginning of the year

In the first three quarters of 2018, Alrosa sold diamond products to the total amount of $3.662 billion. The sales increased by 9% compared to the same period of the previous year.

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In 2018, Almazy Anabara produced 5.4 mln carats of diamonds and 113 kg of gold

Almazy Anabara (a part of Alrosa), which develops diamond placers in Yakutia, completed the washing season of 2018 with the result of 5.4 million carats of diamonds and 113 kg of gold in the framew

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Alrosa to allocate 43.7 bln rubles for dividends over H1

Alrosa will allocate 43.7 billion rubles to pay dividends for the first six months of 2018.

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