ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) signed a number of agreements to finalize a creation of a joint venture for prospect and exploration works for primary diamond deposits in the Republic of Zimbabwe. A shareholder agreement and a JV establishment agreement were signed by Sergey Ivanov, ALROSA CEO, and Killian Ukama, Eng., a Non-Executive […]

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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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Over the past 13 years, ALROSA has allocated more than 950 million rubles (about $15 million) for the implementation of a program to reclaim, eliminate dusting facilities, and recreate a comfortable environment in the areas where the company operates. Since 2006, ALROSA have been annually financing the land reclamation and the recovery of the habitat […]

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