Russian mining giant Alrosa met with stakeholders of the Israeli diamond industry to discuss pertinent issues on manufacturing, synthetic diamonds as well as generic diamond marketing initiatives. Alrosa President Sergey Ivanov met with Israel Diamond Exchange (IDE) President Yoram Dvash and Israel Diamond Institute (IDI) Chairman Shmuel Schnitzer. High on the agenda of the three Read More →

Russian diamond miner Alrosa is implementing new initiatives to help spur global demand for diamonds and support the company’s growth objectives in 2017. Andrey Zharkov, president of Alrosa, discussed these plans at an annual business meeting with long-term clients, which include representatives from more than 70 global companies. Pertinent issues discussed during the meeting were Read More →

Russian mining giant Alrosa is spearheading efforts to boost Russia’s diamond trade with China and Hong Kong, and other Asian markets over the coming years with the opening of the Eurasian Diamond Centre in Vladivostok, Russia. The facility is situated near the domestic diamond production centre of Russia and key buyers from Asia Pacific, especially China Read More →

Russian mining giant Alrosa said revenues for the first half of the year reached RUB186.7 billion (about US$2.9 billion), up 42 percent from the same period a year ago on the back of moderate improvements in the diamond market. Earnings before interest, taxes, depreciation and amortization rose 58 percent to RUB111.3 billion (about US$1.7 billion) Read More →

Russian mining giant Alrosa is placing 19 rough diamonds under the hammer, including a 401.97-carat stone as part of an international rough diamond auction and polished diamond tender. The 19 lots, which have a total weight of 1,098 carats, are the property of Alrosa and JSC Almazy Anabara. The polished diamond tender will feature 28 Read More →

Alrosa’s diamond mining production reached over 38 million carats in 2015, an increase of 6 percent from the previous year, the Russian mining giant announced recently. Alrosa President Andrey Zharkov attributed the results to the opening of the Botuobinskaya pipe in Yakutia, rising production at Severalmaz in the Arkhangelsk region, and improved diamond mining at Read More →