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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]]>PJSC ALROSA, has prepaid bank loans amounting to US$ 450 million, the mining major said. The Company paid back US$ 250 million to Rosbank; and US$ 200 million to Raiffeisenbank. Both loans were raised in December 2017. By doing this, ALROSA has managed to reduce its debt by more than 27% to US$ 1.17 billion. […]
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]]>ALROSA has announced plans to conduct a design competition to create a concept for resumption of diamond mining at its Mir deposit where mining operations have been halted since a major flooding incident occurred in August. The competition will be open to both Russian and international experts from the scientific community who will be asked […]
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