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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ALROSA reports its rough and polished sales results for September and nine months of 2020. Sales of rough and polished diamonds in September totaled $336.0 million, including proceeds from rough diamond sales of $328.2 million, and polished diamond sales of $7.8 million. For nine months of 2020, total rough and polished diamond sales accounted for […]

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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 to reopen International after the majority of workers tested negative for the virus, Alrosa said Tuesday. A total of 12 […]

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In a unanimous decision, the Supervisory Board of ALROSA at an absentee meeting re-elected Sergey Ivanov as CEO and Chairman of the Executive Committee for a period of five years. Sergey Ivanov, who was earlier under a three-year contract, has been CEO of ALROSA since March 2017. “On behalf of the shareholders, I would like […]

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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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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 announces the results of the international auction for special size rough diamonds (weighing over 10.8 carats). The auction was held in Ramat Gan (Israel). The company sold 116 rough diamonds with a total weight of 1,800 carats. The overall revenue from sales amounted to $8.6 mln. There were participants from Israel, Belgium, India, UAE, […]

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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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The Extraordinary General Meeting of Shareholders of PJSC ALROSA held on 30 September 2019 decided to pay dividends for the first half of 2019 in the amount of 28.3 billion rubles or 3.84 rubles per share. Therefore, the company will allocate 100% of its free cash flow for the corresponding period to pay out dividends. […]

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ALROSA’s IR program ranked among the top three in metals and mining sector across emerging EMEA markets, according to the reputable Institutional Investor magazine. Sergey Ivanov, the CEO of ALROSA, took the top spot in the Best CEO category. The Institutional Investor’s ranking is based on the survey of several hundred of analysts and portfolio […]

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