ALROSA

ALROSA to develop Aikhal mine until 2044

ALROSA will develop the Aikhal underground mine until 2044, which will allow the company to increase the resource base by 20 million carats.

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In 2019 Yakutia plans to mine 28.8 tons of gold.

In 2019 the Republic of Sakha (Yakutia) plans to extract 28.826 tons of gold, which is 2.4% less than was produced in 2018, as follows from the materials of the Republican Ministry of Industry and

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ALROSA's EBITDA margin to decline in Q1

In the first quarter of 2019, ALROSA increased diamond production by 5% year on year to 7.8 million carats. This was reported by the company.

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Alrosa starts production of diamonds at new deposit Zarya

On Wednesday, diamond mining company Alrosa commenced diamond production at a new deposit in the Mirninsky district of Yakutia.

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In January-March, Alrosa reduced its profit under RAS by 47%

In January-March 2019, the Alrosa’s net profit under RAS decreased by 47% compared to the same period last year to 16.1 billion rubles, it follows from the company's report.

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Alrosa reduces diamond sales by 33% in March

The sales of diamond and cut diamond products of the company Alrosa in value terms amounted to $377.1 million in March 2019, the company said.

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ALROSA seeks approaches to wealthy clients

The diamond mining company ALROSA is going to sell large and unique diamonds to wealthy clients of Russian banks.

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Alrosa places 5-year Eurobonds for $500 mln under 4.65%

The diamond mining company Alrosa has placed 5-year Eurobonds for $500 million with a yield of 4.65% per annum.

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Alrosa sells large diamonds for $11.8 mln in New York

Alrosa has held the first diamond auction in New York in 2019, at which it earned $11.8 million, the company reported.

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Alrosa estimates diamond content of Verkhne-Munskoye deposit in Yakutia

Alrosa has assessed diamond content of the Verkhne-Munskoye deposit located in the Mirny district of the Republic of Sakha (Yakutia).

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