Sergey Ivanov is to step down early as CEO of Alrosa, Russia’s state-controlled diamond miner, according to media reports. He will reportedly join the private investment firm Volga Group, owned by Gennady Nikolayevich Timchenko, a billionaire and long-time friend and ally of Russia’s president Vladimir Putin. Mr Ivanov was appointed as Alrosa’s youngest ever boss […]

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Alrosa has given a large, newly mined yellow-brown 91.86-carat diamond the name Kyndykan in honour of an Even* folklore heroine. Kyndykan was a little girl who was miraculously found alive 200 years ago by Yakut hunters near the Verkhoyansk Mountains in an ancestral settlement completely wiped out by smallpox. Kyndykan has become a symbol of […]

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ALROSA allocated RUB 230 mln for the construction of a new building for the children’s activity center in Mirny, Yakutia. The construction will be completed by the end of 2021 to welcome children in 2022. The activity center will replace the unfinished building of the Polytechnic Institute. Over 200 children will be able to visit […]

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The CEO of Russian mining giant Alrosa has sold half his stake in the company and donated the proceeds to fighting coronavirus. The sale of Sergey Ivanov’s shares raised RUB18.5m ($240,000) and will help counter the spread of Covid-19 in the Siberian town of Mirny. Most of the town’s 35,000 residents work for Alrosa, the […]

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GIA (Gemological Institute of America) announced today that Alrosa, the world’s largest producer of rough diamonds, is piloting in the Institute’s M2M program. “The M2M program is a way to share with the consumer the story of our diamonds,” said Sergey Ivanov, CEO of ALROSA. “The creation of tracing systems is an important step in […]

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