Diamonds

Alrosa plans 28 billion rubles of capex in 2021, further - reduction

In 2021, Alrosa plans 28 billion rubles of capital expenditures, then it expects a decrease in the indicator, it follows from the presentation of the company to investors.

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Alrosa has sold diamonds for nearly $5 million in the United States

Alrosa has held an auction for sale of diamonds of its own production in the United States, receiving $4.8 million in revenue, the company reports.

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In 2020, share of Yakutia's revenues from oil industry to exceed share of diamond industry’s revenues for the first time

The share of revenues that the budget of Yakutia will receive from the oil industry in 2020 will exceed the share received from the diamond industry for the first time.

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Alrosa sells diamonds for $11 million at auction in New York

Alrosa has summed up results of an international auction for sale of diamonds of special sizes (more than 10.8 carats) in New York, the company reports in its statement.

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In January-September, Alrosa reduced its profit under IAS by 38%

In January-September 2019, the Alrosa’s net profit under IAS decreased by 38% compared to the same period of the previous year to 51.067 billion rubles, it follows from the company's mate

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In October, Alrosa increased diamond sales by 9%

In October 2019, volume of Alrosa’s diamond products sales in value terms amounted to $264.4 million, the company reported.

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Alrosa produced 1.4 million carats of diamonds at Verkhne-Munskoye deposit for the year

Alrosa has summed up results of the first year of operation of the Verkhne-Munskoye mining complex at the diamond deposit of the same name, the company said in a statement.

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Alrosa sold diamonds for more than $7 million at auction in Dubai

Alrosa has summed up results of an international auction for the sale of diamonds of special sizes (more than 10.8 carats), which was held in Dubai, the total revenue from the sale exceeded $7 mill

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ALROSA to open a diamond processing school on the basis of NEFU in Yakutia

A technology school for processing natural diamonds and precious metals will appear at the North-Eastern Federal University (NEFU, Yakutsk), and the project is being implemented together with ALROS

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Alrosa may reduce production due to declining demand for diamonds

Alrosa will consider an option of reducing diamond production by 10-15% in 2020 due to presence of large stocks already formed.

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