
ALROSA Cuts Production Target for 2016
Moscow: ALROSA lowered its guidance for production of rough diamonds in 2016 as the Moscow-based miner plans to reduce accumulated inventory from last year. In

Moscow: ALROSA lowered its guidance for production of rough diamonds in 2016 as the Moscow-based miner plans to reduce accumulated inventory from last year. In

Gaborone: Botswana Diamonds, which is currently exploring for diamonds in Botswana, recorded a £274,000 loss during the six months to 31 December 2015 from £174,000

Moscow: The ALROSA Supervisory Board has approved the recent decision to open a branch in Vladivostok, as the company seeks to capitalize on rough and

Moscow: Russian News Agency TASS reports that the Moscow Exchange is interested in developing the exchange trade in diamonds and is considering a relevant proposal

Moscow: ALROSA held rough prices stable for the sixth month running at its March contract sale as demand for the miner’s goods remained strong. “ALROSA

Moscow: ALROSA reported revenue jumped 8.4 percent to $3.28 billion (RUB 224.5 billion) last year as the rouble’s depreciation against the dollar boosted the Russian

Moscow: Russian mining company Alrosa has issued a production and preliminary trading performance report for the fourth quarter and full year of 2015. The results

Moscow: The Russian Federation exported 20.38 million carats of rough in the first 9 months of 2015, which is 17.6% lower than in the same

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB) launched the India Diamond Trading Centre marking a significant milestone in

Mumbai: Rough diamond producers will have to slash prices further as a 28 percent slump from a peak in 2014 may be insufficient to revive
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