Moscow, April 24, 2019 – At a meeting held on 23 April 2019 ALROSA Supervisory Board discussed the AGM agenda including the recommendation for FY2018 dividends. The Board recommended ALROSA shareholders to approve H2 2018 dividends of100% of its H2 2018 free cash flow, which is equivalent to RUB 30.3 bn or RUB 4.11 per […]
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]]>Aikhal, April, 2019.- The study of Aikhal underground mine allowed ALROSA to decide on the further development of the mine 300 meters in depth, making it possible to replenish the raw material base and extend the mine life up to 2044. ALROSA’s top management approved the project Stripping and mining of Aikhal pipe reserves at […]
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]]>ALROSA, the world’s largest diamond mining company, launched diamond production at Zarya pipe, Aikhal Mining, and Processing Division. The new deposit’s expected life exceeds ten years. The development of Zarya primary diamond deposit of Aikhal Mining and Processing Division is one of the Company’s major investment projects with the total investment of RUB 12 billion. […]
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]]>ALROSA (MICEX-RTS: ALRS), the world’s leading diamond mining company, hosted its Capital Markets Day in London today. The Company’s management has shared market insights and provided an update on ALROSA’s strategic development. Enhance sustainable development and safety at the workplace. Focus on responsible mining Safety in the workplace continues to be ALROSA’s key priority. Though […]
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]]>ALROSA, the largest diamond mining company in the world, took the second place in the final rating of the fundamental (environmental and energy) efficiency of the 150 largest companies in Russia and Kazakhstan operating in the real economy. The peculiarity of the rating is that it allows you comprehensively perceive diverse information about production, energy […]
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]]>ALROSA, the world leader in diamond production, announces diamond sales results for November and eleven months of 2018. In November, ALROSA Group sold $274.0 million worth of rough and polished diamonds (-18% YoY). Rough diamond sales in terms of value amounted to $266.6 million, polished diamond sales -$7.4 million. ALROSA’s total diamond sales in January-November […]
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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 ALROSA Supervisory Board, at its meeting held on October 26, approved the Company’s Sales Policy Concept for 2018-2020, emphasising that long-term contracts will continue to remain as the cornerstone of its sales. The Board also announced some initiatives to develop the polished diamond trade under the Group. ALROSA Vice President Yury Okoemov said, “The […]
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]]>The Minister for Emergency Situations in Russia, Vladimir Puchkov briefed Russian President Vladimir Putin on the progress of rescue operations at the Mir mine in Yakutia and the situation in the typhoon-hit Far-East, according to media reports. The briefing took place even as his Deputy Minister, Vladlen Aksyonov personally accompanied the rescue teams during their […]
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