Diamonds

In August, Alrosa reduced diamond sales by 38%

In August 2019, volume of diamond products sales by Alrosa in value terms amounted to 4181.8 million, the company reported.

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Alrosa not to sharply reduce production in 2020

Alrosa not to sharply reduce production in 2020 Alrosa doesn't plan a sharp reduction in diamond production in 2020 amid deteriorating market conditions, the company's CEO Serg

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Subsoil users to increase investments in exploration in the Far East by 7%

Subsoil users will invest 31 billion rubles in geological exploration in the Far East in 2019, which is by 7% more than a year earlier, this forecast was voiced by head of the Russian

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ALROSA interested in plots in Zimbabwe

ALROSA is interested in 5-7 sites in Zimbabwe and expects to receive a part of the exploration licenses by the end of 2019, TASS reports with reference to the General Director of the company Sergey

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Opening of a diamond cutters training program in Primorye will cost 200 million rubles

The Agency for Human Capital Development in cooperation with the authorities of Primorsky Territory is considering the possibility of opening a training program for diamond cutters in the region.

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In September, Alrosa to hold the second auction of colored diamonds True Colors

In September, Alrosa will hold the second annual auction for sale of colored diamonds True Colors.

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ALROSA to present its motor gas fuel projects at the First Oil and Gas Forum

During the First Oil and Gas Forum, ALROSA will talk about the project to convert motor vehicles to natural gas.

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ALROSA does not exclude buyback in the future

ALROSA is not considering the possibility of carrying out a buyback of shares that have fallen by almost 30% since the beginning of the year, but does not rule out that this is possible in the futu

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In H1, Alrosa reduced its profit under IAS by 36%

In the first six months of 2019, Alrosa reduced its net profit under IAS by 36% compared to the same period of the previous year to 37.5 billion rubles.

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Alrosa sold diamonds for $7 million at auction in New York

Alrosa has held an international auction of diamonds of special sizes (more than 10.8 carats) in New York, the total revenue from the sale amounted to $7 million, according to the company's mes

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