Alrosa eyes stronger diamond trade with China, HK

by

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 →

Alrosa reports stronger 1H 2016 revenues

by

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 →