Alrosa’s annual net profit drops 15.2%
Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles ($925 million), down 15.2% from the previous year.
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Visit: 48
Alrosa suspends diamond supply for Sept-Oct – India’s trade body
Mining News Pro - Russian diamond producer Alrosa has suspended rough diamond supply for September and October after a request from India’s leading trade body, the Gems and Jewellery Export Promotion Council (GJEPC) said on Wednesday.
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Visit: 193
Alrosa says mines largest gem-quality diamond in Russia in decade
Mining News Pro - Sanctions-hit Alrosa, the world’s biggest diamond producing company, said on Sunday it has mined the largest gem-quality diamond in Russia in the past decade.
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Visit: 124
Alrosa discovers 22 new diamond deposits in Zimbabwe
Mining News Pro - Russian miner Alrosa PSJC has discovered 22 new diamond deposits in Zimbabwe, according to the southern African nation’s president, Emmerson Mnangagwa.
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Visit: 696
Alrosa nixes dividend as economic sanctions bite
Mining News Pro - The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting.
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Visit: 1078
Russia says it may buy diamonds from sanctions-hit Alrosa
Mining News Pro - Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov said on Wednesday.
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Visit: 789
Alrosa's profit jumps on higher prices
Mining News Pro - Russian State-controlled diamond producer Alrosa on Friday reported second-quarter net profit of 30.2-billion roubles ($411-million), up 26% from the previous quarter, thanks to higher prices.
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Visit: 476
Alrosa takes actionable steps to ensure it meets ESG goals
Mining News Pro - Russian diamond miner Alrosa has published a three-year action plan for its comprehensive 2021 to 2025 Sustainability Programme.
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Visit: 674
Alrosa reports 49% fall in profit
Mining News Pro - Russian State-controlled diamond producer Alrosa on Tuesday reported a 49% fall in 2020 net profit to 32.2-billion roubles ($432-million) on lower sales and a weaker rouble.
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Visit: 675
ALROSA’s diamond sales drop 16% in 2020
Mining News Pro - ALROSA’s sales of rough and polished diamonds totaled $2.8 million in 2020, including $2.65 million of rough diamond sales and $150 million of polished, a 16% drop compared to 2019 ($3.338 billion).
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Visit: 656
Alrosa follows De Beers with price cuts
Mining News Pro - Russian diamond miner Alrosa PJSC joined rival De Beers in cutting prices for its gems, but with a twist — the company changed its billing system so buyers can’t tell which stones are discounted, or by how much.
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Visit: 690
Alrosa to start mining upper levels of Inter mine
Mining News Pro - Diamond miner Alrosa has received regulatory approval to open up and develop reserves at the upper horizons of the International underground mine, near Mirny, the Russian company said on Wednesday.
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Visit: 658
Coronavirus pushes Q2 net profit of Russian diamond miner Alrosa down 98%
Mining News Pro - Russian State-controlled diamond producer Alrosa said on Friday that its second-quarter net profit fell by 98% year on year to 300-million roubles ($4-million) as the novel coronavirus outbreak hit demand for precious stones.
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Visit: 895
Alrosa’s June sales drop 76%
Mining News Pro - Russian diamond producer Alrosa on Friday said its sales of rough and polished diamonds sales stood at $31.3 million in June, down from $222 million for the same period last year.
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Visit: 869
Alrosa resumes operations at International mine
Mining News Pro - Alrosa announced on Tuesday that operations have restarted at its International underground diamond mine near Minry, Russia.
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Visit: 700
Alrosa halts mine after several cases of covid-19
Mining News Pro - Alrosa, the world’s top diamond producer by output, has idled its International underground mine for up to two weeks, after several employees tested positive for covid-19.
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Visit: 726
Alrosa’s May sales drop 85%
Mining News Pro - Alrosa on Wednesday said its sales of rough and polished diamonds stood at $40.1 million in May, an 85% drop from $266 million in sales a year ago.
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Visit: 728
Alrosa cuts 2020 production over falling demand
Mining News Pro - Alrosa announced on Friday that it was cutting its 2020 output to between 28 and 31 million carats in response to the crisis unfolding in the global rough and polished diamonds market.
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Visit: 741
Alrosa pushes for sales of fluorescent diamonds
Mining News Pro - Following anaemic April sales caused by falling demand due to the COVID-19 pandemic, Russia’s Alrosa has started pushing for the sale of fluorescent diamonds.
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Visit: 1175
Alrosa’s anemic April sales a new sign of market agony
Mining News Pro - Russia’s Alrosa, the world’s top diamond producer by output, saw sales for rough and polished diamonds fall to $15.6 million in April, as the coronavirus pandemic continues to hit demand
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Visit: 707
Alrosa halts diamond mining at two assets
Mining News Pro - Russia’s Alrosa, the world’s top diamond producer by output, is temporarily suspending production at two assets as demand and sales for diamonds continues to drop.
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Visit: 765
ALROSA installing froth flotation for diamond recovery at Aikhal Division
Mining News Pro - Russia diamond mining giant ALROSA says construction of a new froth flotation line at its Aikhal operations processing plant number 14 will improve recovery of diamonds from the Aikhal kimberlite feed.
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Visit: 778
Alrosa reports 9% production drop in Q1
Mining News Pro - Russian diamond miner Alrosa reported on Thursday diamond production of 8 m carats in Q1 2020, a 9% drop in comparison to the previous quarter, but 2% growth year-over-year.
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Visit: 650
Alrosa ends some long-term deals as March diamond sales plunge
Mining News Pro - Alrosa, Russia’s largest diamond producer, ended some long-term deals with customers as sales in March collapsed to half the level of a year ago because of the coronavirus pandemic.
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Visit: 733
Alrosa reports 60% sales drop as coronavirus hits trade
Mining News Pro - Russian diamond producer Alrosa on Friday reported a 60% fall in March sales versus a year earlier citing the spread of the coronavirus for the fall in demand.
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Visit: 739