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.

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.

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.

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).

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

Alrosa relaxes payment terms for diamond contracts amid coronavirus

Mining News Pro - Russian diamond miner Alrosa will relax payment terms for long-term customers in its March trade session starting this week, it said on Thursday, as diamond sales fall due to the uncertainty caused by the coronavirus outbreak.

ALROSA points to weak demand for 21% revenue drop

Mining News Pro - ALROSA announced on Tuesday a 21% drop in revenue, down to RUB 238 billion ($3.32 billion), for 2019.

Alrosa steps up efforts to brighten fluorescent diamond sales

Mining News Pro - Russia’s Alrosa, the world’s top diamond miner by volume, is betting on a new strategy to boost its sales amid an industry-wide slowdown that has hit small companies the hardest.

Alrosa considers going underground at Jubilee

Mining News Pro - Russian miner Alrosa’s investment committee has approved financing for preliminary engineering studies at the Jubilee diamond mine, to provide up-to-date information to decide on the construction of an underground mine.

ALROSA sells 6-carat pink diamond

Mining News Pro - ALROSA has sold its 6.21-carat cushion cut fancy intense pink purple diamond to Larry West, a New York-based collector of exclusive pink diamonds.

Alrosa unearths 191-carat diamond at Botuobinskaya pipe

Mining News Pro - Just before the end of the year, the world’s top diamond producer by output, Alrosa, unearthed a large 191-carat rough diamond at its Botuobinskaya kimberlite pipe in Yakutia, eastern Russia.

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