Diamonds

Starting from this year, ALROSA will start financing environmental projects - Aysen Nikolayev

“The year 2018 was successful for the company, we hope that this year everything will be fine.

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Alrosa to accrue dividends in a new way

The Supervisory Board of Alrosa has clarified shares of free cash flow to pay dividends at the ratio of the net debt/EBITDA in the range of 0-1x, as it follows from the company's message.

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Alrosa to create a joint venture to develop deposits in Zimbabwe

In late July, Alrosa plans to establish a joint venture in Zimbabwe with its state-owned company Zimbabwe Consolidated Diamond Co (ZCDC) to develop diamond deposits in the country, deputy general d

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Indian M.Suresh ready to invest $4.7 million in diamond cutting project in Vladivostok

M.Suresh Vladivostok, a structure of the Indian group of companies M.Suresh (part of the De Beers conglomerate), is preparing to launch a diamond cutting project in Vladivostok, the Director Genera

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ALROSA to close its office in Yakutsk

On June 24, the Supervisory Board of ALROSA will consider the issue of shutting down the company's representative office in Yakutsk.

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Alrosa to change its foreign sales policy

Deputy Prime Minister, presidential envoy to the Far East Yuri Trutnev has instructed Alrosa to review foreign sales policy of rough diamonds within a month.

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In May Alrosa reduced diamond sales by 7.6%

In May 2019, volume of sales of Alrosa’s diamond products in value terms amounted to $266 million, the company reported.

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ALROSA earns over $2 million at diamond tender in Israel

14 diamonds of a standard color range with a total weight of 108 carats were sold at the auction, as well as 48 diamonds of fancy shades with a total weight of 131.6 carats.

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Polymetal doubles its gold reserves to 87 tons on Veduga.

Polymetal Int (combines the assets of JSC Polymetal) as a result of geological exploration has increased the ore reserves of gold at the Veduga deposit by more than twice - to 2.8 million ounces (8

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Alrosa estimates restoration of Mir at 73 billion rubles

Alrosa has published a preliminary calculation of investments in restoration of the flooded Mir mine in Yakutia. This requires 73 billion rubles.

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