ALROSA

Alrosa to start recover Mir mine not earlier than in 2020

The Mir mine recovery project will appear in Alrosa’s strategy and investment program, but the company doesn’t plan to invest in the project in 2019.

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Alrosa expects large geological discoveries in Yakutia in near future

Diamond mining company Alrosa expects major geological discoveries of diamond deposits in Yakutia in the near future.

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Replacing Mir mine by Yubileiny may weaken ALROSA's performance

ALROSA, having lost the Mir mine due to the accident last year and not providing funds for its restoration in its investment program until 2024, is preparing to transfer one of its most productive

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Russian deputy: Alrosa has only 5-7 years of life

Alrosa will not be able to sell its diamonds in 5-7 years - these precious stones, extracted from the bowels of the earth, will be replaced by synthetic ones by that time.

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Alrosa sells large diamonds for $9.5 million in Dubai

Alrosa held an auction for the sale of diamonds of special sizes (more than 10.8 carats) in Dubai, the total revenue amounted to $9.5 million, the company said.

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Alrosa approves new strategy till 2024

Alrosa’s Supervisory Board has approved a new version of the strategy and long-term development program of the Group for the period of 2018-2024, it follows from the message of the issuer.

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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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