
ALROSA Mulls Production Cut in 2016
Moscow: ALROSA may reduce production in 2016 as its rough diamond inventory is at a critical level in a weak market. “Currently, our inventory stands

Moscow: ALROSA may reduce production in 2016 as its rough diamond inventory is at a critical level in a weak market. “Currently, our inventory stands

Mumbai: Falling sales and squeezing margins have prompted Indian diamond trade to consider teaming up with miners like Rio Tinto, ALROSA and De Beers and

Moscow: According to their Q3 and 9M 2015 production and preliminary trading performance report, during the first nine months of the year, ALROSA’s production rose

Moscow: ALROSA vice president Andrey Polyakov was elected World Diamond Council (WDC) vice president at the council’s annual general meeting held in Moscow. According to

Moscow: Alrosa, the largest diamond producer in the world in terms of volume, will soon come up with a proposal to establish a diamond bourse

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the global diamond trade can be positive ahead of the upcoming holiday sales season

Gaborone: Botswana Diamonds said work is underway on three prospecting licenses in the Orapa region of Botswana, as part of a joint venture between the

Moscow: Russia’s rough diamond exports fell 16 percent year on year to $2.13 billion in the first half of 2015, Itar-Tass reported citing the country’s

Moscow: Russian diamond miner ALROSA will lower rough diamond prices at its September trading session by 8% to 10%, Russian news agency Interfax reported Sept.

The Russian government recently organized Eastern Economic Forum (EEF) in Vladivostok mainly to attract foreign investment to strengthen the country’s feeble economy. Alrosa grasped this
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