Diamonds, Metals and mining
The Board of Directors of Alrosa-Nyurba PJSC recommends to spend 18.007 bln roubles for the payment of dividends-2016. This is by 45.15 higher than in 2015.
The Alrosa’s Board of Directors has recommended its shareholders at the annual general meeting to make a decision to pay dividends for 2016 in the amount of 8.93 rubles per common share.
The head of the Russian Ministry of Natural Resources Sergei Donskoy has stated that the Ministry fixed the low efficiency of the Alrosa’s exploration works.
In 2016, the subsoil users of the Arkhangelsk region mined about 6 million carats of diamonds, which is by 11% more than in the previous year, this follows from the words of the Governor of the Ark
In the first quarter of 2017, Alrosa reduced its net profit under RAS 2 times compared to the same period of the previous year to 21.1 billion rubles, the company's report says.
In January-March 2017, Alrosa produced 8.9 million carats of diamonds, which is by 9% more than in the same period last year, the company reports.
Recently appointed president of Alrosa Sergei Ivanov has undertaken a significant update of the team of company’s VIP-managers.
Russia's gold mining companies are announcing ambitious plans to increase metal production at a relatively low cost, but it is unlikely to make money on this plan for a broader range of investo
Yegor Borisov: ALROSA can consolidate ALROSA-Nyurba JSC after buying out 10% of shares from Yakutia.Edited by Rhod Mackenzie / 2017-04-17 01:17:10
ALROSA may consolidate JSC ALROSA-Nyurba after the completion of the buyout deal with Yakutia for 10% of the shares.
Oleg Petrov, the head of the Single Distribution Organization (SDO) of ALROSA, the main sales unit of the diamond mining monopoly, was leaving the company, several sources familiar with the plans o