
US Expands Sanctions on Alrosa
Washington: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) last week “designated Alrosa” with the aim of cutting off additional sources

Washington: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) last week “designated Alrosa” with the aim of cutting off additional sources

New York: Alrosa is to close its US office by the end of next month, in the wake of Russia’s invasion of Ukraine and the

Washington: The US President Joe Biden has issued an executive order prohibiting the import of “nonindustrial” diamonds originating in Russia. The measures, which the White

Washington: Diamond mining company Alrosa is among the institutions hit with U.S. sanctions following Russia’s invasion of Ukraine. The sanctions “target the core infrastructure of

Mumbai: The Board of Directors of the Natural Diamond Council (NDC) has received ALROSA’s decision to suspend its membership. In suspending its membership, ALROSA has

Antwerp: The Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry, and ALROSA, world’s largest diamond mining company by volume, renewed

Moscow: Alrosa has presented its customers with a new concept of creating a list of partners eligible for signing long-term agreements and new rough diamonds

Moscow: Alrosa said revenue in Q3 2021 amounted to RUB 77 billion, down 18% quarter-on-quarter (qoq) driven by a 20% lower diamond sales volumes and

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) welcomed representatives from ALROSA including Evgeny Agureev, Deputy CEO, and Stanislav Martanus, Head of Customer Policy

Moscow: Alrosa extended its existing rough diamond supply contracts through Q2 2021 after a thorough analysis of the market situation and its clients’ needs, as
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