Alrosa has announced its largest recovery in a decade – an irregular-shaped diamond weighing 390.7 carats. The sanctioned Russian miner said the gem was recovered at its Mayat mine, in Yakutia, by its subsidiary Almazy Anabara. “The discovery of one of the largest diamonds in Russian history is undoubtedly an unprecedented event and an excellent […]

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Expert RA confirmed ALROSA’s credit rating at highest ruAAA level with stable outlook. Following an annual review, the agency affirmed ALROSA’s long-term rating at ruAAA with a ‘stable’ outlook – the highest level of creditworthiness, financial reliability, and financial strength on the national scale. Expert RA praised the Company’s financial resilience demonstrated in 2020 despite […]

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In December 2020, ALROSA held an auction for special size rough diamonds (weighing over 10.8 carats). The overall revenue amounted to $7.4 million. The company sold 138 rough diamonds with the total weight of 2,100 carats. Clients from Belgium, Israel, India and UAE (35 companies in total) purchased the goods. “ALROSA held its last 2020 […]

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ALROSA announces the results of special size (over 10.8 carats) rough diamond auction held in Belgium this October. The company sold 112 rough diamonds with a total weight of 1,733 carats. The overall revenue amounted to $6.9 million. “Despite all the current challenges associated with the pandemic, we try to meet the needs of our […]

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ALROSA announces the results of two auctions for special size rough diamonds (over 10.8 carats) held in Belgium and Israel this September. In Belgium, the company sold 133 rough diamonds with a total weight of 2,173 carats. The overall revenue amounted to $7.4 million. Clients from Belgium, India, Israel and United Arab Emirates (20 companies […]

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ALROSA received approval from the regulatory body Glavgosexpertiza of Russia (the Main Department of State Expertize) for the project to open up and develop reserves at the upper horizons of the International (Inter) underground mine. The production is expected to start in the Q4 2020. Underground mining at the International kimberlite pipe started in 1999. […]

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The vast republic of Yakutia, in Russia, has yielded its largest ever natural color diamond, a 236-ct rough intense yellow-brown stone. It was found at the Ebelyakh alluvial diamond deposit, operated by a subsidiary of the state miner Alorosa, on the Anabar River. The diamond (pictured) is 47 x 24 x 22 mm and it […]

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ALROSA has launched a large-scale reform of its maintenance and repair service. The project is expected to deliver RUB 3.2 billion in five years The program covers all the company’s services directly involved in the maintenance and repair at all mining and processing divisions in Yakutia. The project implies a gradual transformation of how equipment’s […]

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ALROSA decided to suspend works at its Inter underground mine as several employees were tested positive for the coronavirus infection. Operations are expected to be idled for 1-2 weeks. The employees tested positive for the COVID-19 are treated at the Mirny hospital; their health condition is stable. “The health of our employees and that of […]

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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 agency notes that the best in class profitability, prudent financial policy, and the leading position in the global market allow ALROSA maintaining […]

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