Moody’s affirms ALROSA’s Baa2 ratings, outlook stable
Moody's Investors Service has affirmed the Baa2 long-term issuer rating of ALROSA PJSC, the outlook remains stable. The agency believes the company will retain its resilient financial position and cash flows.
The rating...
Alrosa Mine Reopens Following Virus Closure
Alrosa has resumed operations at its International underground mine following a brief suspension after several employees tested positive for Covid-19.
Management at the Russian miner’s Mirny mining and processing division, which oversees the site, decided...
ALROSA remains the industry leader in social investments
Moscow, September 2019 – ALROSA confirmed its status as a leader among gold and diamond mining companies in terms of investments in social programs, according to a study conducted by the PwC Advisory.
The study,...
GJEPC Launches Campaign to Identify Daily Wage Artisans in Need of Financial Assistance
The Gem & Jewellery Export Promotion Council has begun the process of identifying those artisans doing daily wage jobs within the industry who are in need of financial assistance during the ongoing lockdown in...
Retail sales ‘fall sharply’ in March but sector expects to spring back in April
Retail sales made their sharpest drop in 17 months in March, marking a four-month run in which sales have not grown.
The relatively sharp drop of 18% was disappointing for the retail sector but most...
ALROSA to allocate 100% of free cash flow for second half-year of 2018 for...
Annual General Meeting of Shareholders of PJSC ALROSA decided to allocate 100% of free cash flow for the second half-year of 2018 for the period-end dividend - RUB 30.3 billion.
Taking into account the dividend...
The IDEX Online Polished Price Report – July 2019
Once again, just like during the first half of the year, price developments in rounds in most sizes under a carat were mixed - and minor. However, the few price developments in sizes from...
Stephen Barnes Assumes Ownership of Independent Jewelers Organization
Stephen Barnes, who has served as president of the Independent Jewelers Organization (IJO) since August 2023, has officially taken over ownership of the Southport, Conn.-based group.
Barnes succeeds Jeff Roberts, who has owned IJO since...
Bonnie Jennifer Launches New Nameplate Necklaces and Gold-Filled Beaded Bracelets for Mother’s Day
Celebrating motherhood in style, Bonnie Jennifer’s newest collection offers looks for layering this Spring/Summer 2022.
New York, NY. March 31, 2022. Motherhood creates a special bond between mother and child, unlike any other. The love,...
Amazon and Cartier Sue Alleged Counterfeiters
Amazon and Cartier are jointly taking legal action against a Chinese social media influencer and eight businesses accused of counterfeiting.
They accuse defendants named in court papers as Phmn9y3v, Vfdnytu, Amazing Jewelry You Want, Miao-He...
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