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ALROSA Mining News
Currently unnamed, the stone is one of the largest diamonds ever recovered at the Nyurbinskaya open-pit mine.
According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.
It measures 42.11 by 34.26 by 16.07 mm, and is translucent with a grey hue.
The sum obtained after selling 10.9% of the state-controlled diamond producer will be used to cut budget deficit, the government said.
Diamond giant will save Russian state millions each year when it takes over security duties at remote mines.
PJSC ALROSA, the world leader in diamond mining, has announced that it was authorized to establish a departmental security service to protect the Company's production facilities.
PJSC ALROSA has announced the appointment of Elena Gangalo as the Company Vice President.
The rock was found at its Nyurbinsky open-pit mine, in operations since 2001.
ALROSA, the world leader in diamond mining, will send over 2.5 thousand children of the Company's employees on vacation to Russia's health resorts during the summer holidays.
The Russian Direct Investment Fund is considering taking a part in the privatization of the country's diamond miner Alrosa.
The Russian government aims to make more than 60 billion roubles ($909 million) from selling a 10.9 percent stake in Alrosa, with the sale taking place on the Moscow Exchange this year.
The World Diamond Council brings together representatives of the entire international diamond industry supply chain, from mining through retail.
The miner, along with fellow Russian firms Rosneft, VTB Bank and Bashneft are among the most likely candidates for privatization this year.
Mining's marquee names have had their credit investment ratings slashed or reduced to junk. This diamond company is defying the downturn.
Moody's upgrades Alrosa credit, praising Russian firm's low-cost reserve base, technical mining expertise, solid liquidity and conservative financial policy.
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
Company President Andrey Zharkov signed an order to give to the fact of a gem-quality diamond extraction the name Mothers of Russia.
ALROSA Supervisory Board approved the decision to open a branch in Vladivostok. It is the first step on the way to creating Russian Diamond Centre in the Primorye Territory.
The update comes as the world's top diamond producer revealed the results of its prospecting and geologic exploration carried out last year
The massive rock worth about $1.5 million.
ALROSA's management, headed by the President Andrey Zharkov, paid a working visit to Mumbai and Surat (India). The Company representatives visited the Special Notified Zone (SNZ) that was opened last year at Bharat Diamond Bourse.The […]
The miners concerted effort to limit global diamond supply is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond and Petra Diamonds.
Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.
Investors have publicly called on the company’s independent directors to deal with the “misguided policies and missed opportunities” that have hurt their investment.