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 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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]]>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 Group after reviewing the results of geological prospecting undertaken by the Company in 2017, announced that total rough diamond reserves increased by 57.8 million carats during the year to touch almost 1.2 billion carats. This figure includes the “explored deposits under the National Reserves Committee standards”, but excludes the depletion of reserves. “As of […]
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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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]]>Alrosa has put veteran banker Evgeny Agureev in charge of its sales division ahead of the miner’s new contract period for rough-diamond buyers, it said Wednesday. Agureev (pictured) will be the director of the United Selling Organization (USO), Alrosa’s diamond sorting and sales unit. He will be responsible for developing rough sales, making them more […]
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]]>At a recent meeting between ALROSA President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre (DMCC) Ahmed Bin Sulayem, the two organisations agreed to work together and enhance their cooperation in the diamond sector. The meeting took place in ALROSA’s headquarters in Moscow. The areas of cooperation discussed by the two sides […]
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