Diamonds, Metals and mining

Alrosa expects decline in its proceeds by 6% in Q1

In the first quarter, the revenue of Alrosa from the sale of diamonds could be around $1250 billion, which is by almost 6% less than in the same period last year ($1.325 billion), this follows from

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At least 3% of fields with different minerals in Russia are undistributed

The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi

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Yuriy Trutnev: I see no reason to hurry with the sale of ALROSA's shares.

The Deputy Prime Minister Yuriy Trutnev sees no reason to hurry with the sale of shares in ALROSA, he stated in an interview with "the Kommersant".

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In 2016 Alrosa's net profit attributable to shareholders increases by 4.3 times to 131.4 billion roubles.

In 2016 according to the International Financial Reporting Standards (IFRS) the net profit of Alrosa attributable to shareholders increased by 4.3 times and amounted to 131.4 billion roubles compar

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Rio Tinto intends to make serious investments into geological exploration of Kazakhstan.

Currently Rio Tinto intends to invest more than $ 100 million into geological exploration in 14 countries around the world, where the company works, including Kazakhstan.

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Alrosa sold raw diamonds for $398.8 mln, diamonds – for $12.1 mln in February

Alrosa sold raw diamonds for $398.8 mln, diamonds – for $12.1 mln in February 2017, the company reports.

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Dmitry Medvedev officially appoints Sergei Ivanov as president of Alrosa

The Russian Prime Minister Dmitry Medvedev has signed a directive on the appointment of Sergei Ivanov as head of Alrosa, the official website of the country's Government reports.

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Yakutia reduced diamonds production by 35% in 2016

The jewelry enterprises of Yakutia in 2016 produced diamonds worth $66.64 mln, which is by 35% lower than in 2015, the Minister of Industry and Geology of Yakutia, A. Panov, said.

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Alrosa has started explosions at Upper Muna deposit

Alrosa has announced of holding the first industrial explosion at the Upper Muna deposit.

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Alrosa’s Board approves transfer of the company’s gas assets into Russian jurisdiction

The Alrosa’s Board of Directors has unanimously decided to transfer the shares of its gas assets in Russia.

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