Industry News & Blogs
Alrosa Reports January Diamond Sales of Over $318 Million
Russia’s state-owned diamond producer, Alrosa, has noted sustained growth in demand for rough diamonds in the fourth quarter of 2011 compared to the correspondi
Diamonds.net - ALROSA Jan. Diamond Sales Exceed $318M
ALROSA reported that it sold more than $318 million worth of rough and polished diamonds in January 2012 and noted a rise in demand from the fourth quarter. The sales were slightly above the $313 million worth of goods sold by ALROSA in January 2011, as reported by the company at the time....
Alrosa Again World’s Top Diamond Producer - JCK
The company unearthed 19 million cts. in the first half, an 8 percent increase in production over the first half of 2010.
Russia Buys $1 bn Diamonds to Support Miner
The economic slowdown that gripped the entire world in the past year has also affected Russia in a big way. Russia’s largest diamond manufacturer that holds a virtual monopoly over the diamond market has lost its sheen due to the global meltdown and is now banking on the Russian government to step
Alrosa Reports Diamond Reserves of 30 Million Carats for 2011
Russia’s state-owned diamond producer, Alrosa, has reported diamond reserves of 30 million carats for 2011, according to a summary of last week’s executive comm
Diamond Giant Alrosa Signs on to JV for Development of Three Gas Fields
Alrosa, Russia’s state-owned diamond producer, has signed an agreement of intent to enter into a joint venture with Zarubezhneft to develop three gas fields in
Planned IPO for Diamond Producer Alrosa Postponed Again
Alrosa's state-owned shares will not be privatized until 2017, if then, a Kremlin document reveals this week. The document is a 35-page briefing paper compiled
Report: Armenia to Get $50M worth of Rough Diamonds from Alrosa in 2012
Alrosa, Russia’s government-owned diamond producer, will increase the amount of rough diamonds it supplies to Armenian diamond manufacturers from $40 million th
Russia’s Gokhran Resuming Rough Diamond Sales After Three Years
Gokhran, the Russian state diamond stockpile agency under the Finance Ministry, has confirmed that it will commence rough diamond sales next year after a hiatus
Diamonds.net - ALROSA 3Q Profits Surge on Higher Rough Prices
ALROSA reported that profits grew 55 percent year on year to $290.6 million (RUB 9.26 billion) in the third quarter of 2011 as its rough prices rose despite the sluggish market. “In third quarter 2011, ALROSA decreased sales through auctions and short-termed contracts, which helped the...
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