ALROSA said recently that the Strategic Planning Committee of the Company’s Supervisory Board has “reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided by proposals envisaging lower output”. The Committee comprises Supervisory Board members nominated by the Company’s key shareholders and also of independent […]
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]]>ALROSA, the world’s largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7 million. Rough diamond sales amounted to $315.8 million, while those for polished diamonds stood at $2.9 million. January-April 2019 rough and polished diamond sales totaled $1,322.9 million. During the four […]
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]]>Moscow, April, 2019.- ALROSA, the world’s largest diamond miner, reviews the results of the diamond auction in Dubai, the UAE. The total revenue from the sale of special size diamonds (+10.8 carats) exceeds $8.9 million. 109 out of 122 auction lots were sold. There were two especially large diamonds sold, 51.13 and 47.59 carats, respectively.56 […]
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]]>ALROSA’s study of the global luxury and jewellery market for 2018 reveals that global sales of diamond jewellery grew by 4% in the period as compared to the previous year amounting to a total of US$85.9 billion. “The growth rate of the global jewellery market was lower than in 2017 (+5%), mainly as a result […]
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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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]]>PJSC ALROSA ranked among the top three in the environmental responsibility rating of the Russian mining and smelting companies. The rating results were announced by the UN Office in the Russian Federation on Monday, December 11. The environmental responsibility rating of mining and smelting companies has been jointly developed by the World Wildlife Fund, United […]
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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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]]>At the Annual General Meeting of PJSC ALROSA, shareholders approved the resolution for payment of RUB 65.769 billion as the annual dividend for 2016, which amounts to RUB 8.93 per ordinary share of 50 kopecks par value. The approved amount is 50% of the net profit (less profit attributable to non-controlling interest) earned by the […]
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