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 Supervisory Board of PJSC ALROSA at its meeting on December 10 will consider its withdrawal from Non-State Pension Fund Almaznaya Osen (Diamond AutumnṆ). The Joint Stock Company Non-State Pension Fund Almaznaya Osen was established in 2015 via reorganization of Non-State Pension Fund Almaznaya Osen, which had been set up in 1995. The Fund is […]

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ALROSA Group announces diamond sales results for October and nine months of 2019. In October 2019, ALROSA Group sold $264.4 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $253.9 million, polished diamond sales – $10.4 million. ALROSA’s total rough and polished diamond sales in January-October 2019 amounted to $2,686.6 […]

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ALROSA, the world’s leader in diamond mining, announces its IFRS financial results for Q2 2019. Revenue in Q2 2019 went down by 19% q-o-q to RUB 57 bn driven by a 22% qoq decline in diamond sales volumes.A 21% y-o-y decline in revenue was attributable to lower sales (down 8% y-o-y) and changes in the […]

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ALROSA, the world’s largest diamond miner, announces diamond sales results for June and six months of 2019. In June, ALROSA Group sold $222.4 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $219.3 million, polished diamond sales – $3.1 million. ALROSA’s total rough and polished diamond sales in January-June 2019 […]

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ALROSA Supervisory Board members electedAnton SILUANOV, First Deputy Prime Minister of the Russian Federation – Minister of Finance of the Russian Federation, as the Chairman of the Supervisory Board.Supervisory Board members also elected members of special-purpose committees. Anton Siluanov has been the Chairman of ALROSA Supervisory Board since 2015. Aysen Nikolaev, Head of the Republic […]

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ALROSA (MICEX-RTS: ALRS), the world’s leading diamond mining company, hosted its Capital Markets Day in London today. The Company’s management has shared market insights and provided an update on ALROSA’s strategic development. Enhance sustainable development and safety at the workplace. Focus on responsible mining Safety in the workplace continues to be ALROSA’s key priority. Though […]

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ALROSA, the largest diamond mining company in the world, held the international auction for special size rough diamonds (over 10.8 carats) in Dubai. The overall revenue amounted to $8.3 million. The company sold 121 rough diamonds with a total weight of 1,950 carats. Firms from UAE, India, Belgium, Israel, Hong Kong, Russia, and the USA […]

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ALROSA, the largest diamond mining company in the world, has summed up the results of the auction in Vladivostok for the sale of large special size rough diamonds (over 10.8 carats). The company has sold 119 gem-quality rough diamonds with the total weight of 1,890 carats. The overall revenue from sales reached $10.3 million. 26 […]

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Jim Vimadalal has been appointed as the Director of ALROSA’s new representative office in Mumbai, the Russian mining company announced last week. Prior to this, Jim worked at the Indian offices of Rio Tinto and Swarovski, it added. The new office, which is scheduled to officially open in March, won’t be engaged in trading activity, […]

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