In a warm and intimate ceremony, ALROSA inaugurated its India Representative Office this morning. The newly acquired office is located in Tower AE in the Bharat Diamond Bourse (BDB) Complex in Mumbai’s Bandra Kurla Complex (BKC). Evgeny Agureev, Member of the Executive Committee of ALROSA; and Director of the Company’s sales arm, the United Selling […]
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]]>ALROSA has approved the updated version of ALROSA ALLIANCE Guidelines on Responsible Business Practices developed to enhance confidence between the Company and its clients – ALROSA ALLIANCE members as part of the development of corporate work standards and compliance with the best practices in the diamond industry. The approved amendments and updates in the text […]
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]]>Alrosa CEO Sergey Ivanov said this week that the company estimates that global diamond mining reached its peak in 2017, which is “good news for future rough diamond prices” and for diamond miners like Alrosa. Pictured here is the company’s Udachny underground mine. Alrosa reported Tuesday that its 2017 sales declined 17 percent, hurt by […]
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]]>The first auction for the sale of The Dynasty collection has been finalized with an average premium of 30% to reserve prices. More than 130 companies and private clients registered to patriciate in bidding. Four polished diamonds were sold; the prices and buyers are not disclosed by agreement of the parties. In accordance with the […]
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]]>Alrosa is considering its options for the Mir mine, where operations were suspended in August due to a flood that claimed eight lives. The company has engaged with independent auditors to investigate the cause of the accident before it embarks on a reconstruction program, a spokesperson told TheJewelryMagazine News. “No decisions on the reconstruction will […]
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