Diamonds

Alrosa tests mechanism of settlements in rubles under contracts with foreign clients

Alrosa has tested mechanism of settlements with foreign clients in the Russian currency. As an experiment, corresponding transactions were conducted with clients from China and India.

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Alrosa conducts diamond auction in New York

In July, cut-off unit of Alrosa July held an auction for the sale of diamonds in the United States, this is the first diamond auction after resumption of the company's office operation in New Y

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In July, Alrosa increased sale of diamonds by 16%

In July 2018, volume of sales of Alrosa’s diamond products in value terms amounted to $339.1 million, the company reported.

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Alrosa to pay dividends twice a year

The Supervisory Board of Alrosa has approved a new dividend policy providing for payments twice a year on the basis of free cash flow, the company informs.

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On August 6, Alrosa’s Supervisory Board to consider new dividend policy

The Supervisory Board of Alrosa will consider the issue of approval of financial and dividend policy provisions in new editions, as well as preliminary recommendations to shareholders on payment of

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S&P raises Alrosa’s rating to investment level of BBB-

International rating Agency S&P has raised Alrosa’s long-term credit rating to the investment level of BBB- from the speculative BB+, the forecast is stable, the agency reports.

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In 2019, Alrosa to start producing diamonds at Zarya pipe

In 2019, Alrosa will start mining diamonds at the Zarya pipe, located in the Mirninsky district of Yakutia.

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In Q2, Alrosa reduced diamonds mining by 18%

In the second quarter of 2018, Alrosa reduced diamond production by 18% compared to the same period last year to 8.5 million carats, the company reports.

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Alrosa buys 10% of Alrosa-Nyurba’s shares

Alrosa has acquired 10% of shares of Alrosa-Nyurba, as it follows from the message of the diamond miner.

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13 sites with 300 mln carats of diamonds found in Western Yakutia

13 new promising areas for identification of diamond deposits in the territory of Western Yakutia were discovered by specialists of the Institute of Geology and Mineralogy named after V. S.

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