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ALROSA’s Q1 2020 Operational Results Reflect Dip Due to COVID-19 Despite a Promising Start

ALROSA’s Q1 2020 Operational Results Reflect Dip Due to COVID-19 Despite a Promising Start 0

🕔19:05, 20.Apr 2020

Announcing its operational results for Q1 2020, ALROSA reported diamond production of 8 milllion carats and increased sales of 9.4 million carats. Total revenue from the sale of rough and polished diamonds for the period amounted to US$904 million (rough: US$881 million; polished: US$23 million) marking a

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Diamond Miner Alrosa Reports 60% Sales Fall as Coronavirus Hits Trade

Diamond Miner Alrosa Reports 60% Sales Fall as Coronavirus Hits Trade 0

🕔14:56, 13.Apr 2020

MOSCOW — Russian diamond producer Alrosa on Friday reported a 60% fall in March sales versus a year earlier citing the spread of the coronavirus for the fall in demand. The virus also hit the diamond trade, which traditionally involves

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ALROSA implements OECD Due Diligence Guidance for Responsible Supply Chains

ALROSA implements OECD Due Diligence Guidance for Responsible Supply Chains 0

🕔19:56, 9.Apr 2020

ALROSA implements OECD due diligence guidance for responsible supply chains of minerals from conflict-affected and high-risk areas. The company places special emphasis on ensuring compliance with the responsible business principles and disclosure of information on rough and polished diamonds produced

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Alrosa CEO sold company’s shares to fight coronavirus in Yakutia

Alrosa CEO sold company’s shares to fight coronavirus in Yakutia 0

🕔14:39, 6.Apr 2020

Chief Executive Officer of the Russian diamond miner Alrosa Sergei Ivanov sold half of its stake in the company in the amount over 18.5 mln rubles ($214,000). Funds will be allocated to combat the coronavirus infection spread in Mirninsky District

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ALROSA Launches Digital Tender for Large Rough Diamonds

ALROSA Launches Digital Tender for Large Rough Diamonds 0

🕔17:37, 30.Mar 2020

ALROSA has launched a digital tender for special size rough diamonds (over 10.8 carats). It allows customers to purchase stones despite current travelling restrictions imposed between countries due to the COVID-19 pandemic. The auction takes place between March 23 and April 6. 

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Alrosa considers options for online diamond trade in face of coronavirus

Alrosa considers options for online diamond trade in face of coronavirus 0

🕔00:00, 21.Mar 2020

MOSCOW (Reuters) – Russian diamond producer Alrosa is considering options for online trade as global travel restrictions due to the coronavirus outbreak complicate traditional physical inspection of gemstones, it said in a statement on Thursday. The state-controlled company, the world’s

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Coronavirus drives Alrosa to shift diamond sales from Hong Kong

Coronavirus drives Alrosa to shift diamond sales from Hong Kong 0

🕔19:06, 7.Feb 2020

MOSCOW – Russia’s Alrosa, the world’s largest diamond mining company, will hold its March auctions in Moscow and Israel after Hong Kong postponed two jewellery shows because of the coronavirus outbreak, the company said on Wednesday. Demand for diamonds in

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Alrosa’s Mir diamond mine in Russia to reopen in 2024

Alrosa’s Mir diamond mine in Russia to reopen in 2024 0

🕔16:42, 31.Jan 2020

Russian diamond producer Alrosa intends to resume operations at its Mir mine in the Yakutia region of eastern Siberia, which has been closed since 2017. Operations at the mine were shut down due to a flood that killed eight miners in

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Shareholder in Russia’s Alrosa proposes selling up to $1 bln of diamonds to Gokhran – Ifax

Shareholder in Russia’s Alrosa proposes selling up to $1 bln of diamonds to Gokhran – Ifax 0

🕔16:17, 23.Jan 2020

The government of Russia’s Yakutia region, which has a stake in diamond producer Alrosa , has proposed the company sell rough diamonds worth $0.5-$1 billion to the precious metals and gems repository Gokhran in 2020, Interfax news agency reported. Diamond

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Russia’s Alrosa to steer clear of lab-grown stones

Russia’s Alrosa to steer clear of lab-grown stones 0

🕔15:39, 13.Jan 2020

Despite the growing share of lab-grown diamonds, Russian miner Alrosa does not want to go the De Beers way and enter the segment. However, Alrosa finds that lab-grown diamonds can co-exist with natural diamonds if they are properly declared. Alrosa

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