With the newly unearthed 34.17-carat diamond, Alrosa has hit an annual record in the number of large fancy-coloured stones found at its operations.
ALROSA Mining News
Results will be announced on October 30.
There are plans to remove a total of 75,000 tons of ore from the new deposit before the end of the year.
Over the last nine years 66 record-breaking and other noteworthy diamonds were recovered, and 61 of those have been found within the last five years.
Alrosa is currently trying to decide on whether to sell the 27.85-carat rock as a rough diamond, or cut and polish it.
Moscow wants state-owned Alrosa to offer more favorable terms to local cutters
An independent audit will be conducted to make an overall assessment of all decisions and actions at the design, construction and operation stages of Mir underground mine.
Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened.
The world’s top diamond producer by output in carats still expects to produce about 39 million carats this year.
A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.
Russia’s Alrosa, the world’s top diamond producer by output in carats, introduced Tuesday The Dynasty, a unique collection of diamonds manufactured at its cutting and polishing facilities.
The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
Both rocks, said ALrosa, are believed to be gem-quality.
Members of ALROSA Supervisory Board voted to approve Anton Siluanov, Minister of Finance of the Russian Federation, as Chairman of the Supervisory Board.
The world's largest diamond producer by output said market has refound its balance.
In 2016, ALROSA's investments in underground mines and other core production facilities amounted to RUB 16.5 billion or 60% of the Company's total capital investments.
The miner's Jubilee pipe is famous for its large finds.
ALROSA, the world leader in diamond mining, has announced diamond sale results for May and the first five months of 2017.
Son of Putin ally to focus on reduced costs in new role as CEO
PJSC ALROSA, the world leader in diamond mining, will participate in the development of a new diamond deposit in Angola.
Here are the top 10 diamond mines in terms of output in carats and value.
Russia's Federal Security Service is investigating the world's top diamond producer in relation to assets sales dating back years.
Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.
The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.
The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.