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Alrosa Lomonosov deposit
Alrosa Falls Victim to Changing Retail Practices
Retailers’ attempts to maintain low diamond inventories are hurtingdemand across the trade, Alrosa warned after reporting its lowest quarterlysales since 2015. The Russian miner’s sales slumped 26% to $807 million in thesecond quarter...
Mining Jul 18, 2019 Rapaport News
Alrosa
Alrosa Profit Dips Amid Shift to Smaller Stones
Alrosa’s profit decreased in the first quarter as its sales mix shifted to lower-value goods. Net profit fell 27% year on year to RUB 24.1 billion ($371.6 million) forthe period, the miner said last week....
Mining May 19, 2019 Rapaport News
Alrosa
Alrosa’s Revenue Falters on Weak Prices
Alrosa’s sales fell in the first quarter amid lower rough pricesand a larger proportion of small diamonds. Revenue from rough stones slid 37% year on year to $988million for the three months ending March 31,...
Mining Apr 17, 2019 Rapaport News
Alrosa
Mine Closures Hit Alrosa Production
Alrosa’s rough-diamond production fell 7% in 2018 amid theclosure of two of its assets, the miner said Thursday. Output for the year dropped to 36.7 million carats, as thecompany was no longer carrying out open-pit mining at the...
Mining Jan 24, 2019 Rapaport News
De Beers Alrosa sales dates
De Beers, Alrosa Reveal 2019 Sale Schedules
De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its...
Mining Dec 25, 2018 Rapaport News
Alrosa diamonds
Shift to Larger Diamonds Boosts Alrosa
Alrosa’s sales increased in the third quarter amid strongerdemand and a move toward larger diamonds, the miner reported.Revenue from rough stones rose 12% year on year to $949million for the three months ending September...
Mining Oct 22, 2018 Rapaport News
Mir mine Alrosa
Alrosa Rough Production to Fall in 2018
Alrosa expects its rough-diamond production will decline about7% next year, with the Russian miner selling off inventory to maintain supply,it said last week. The company projected output of 36.6 million carats for2018,...
Mining Dec 24, 2017 Rapaport News
De Beers DTC sight boxes
De Beers, Alrosa Announce 2018 Sale Schedules
De Beers and Alrosa have released dates of theirrough-diamond sales for 2018, with both miners maintaining their usualschedules. De Beers holds 10 sales, or sights, in Botswana every year,in which it sells about 90% of its rough supply...
Mining Nov 19, 2017 Rapaport News
ALROSA's Udachniy mine
Severalmaz Appoints Pismenny as CEO
ALROSA's chief engineer, Andrey Pismenny, was appointed to the position of CEO of Severalmaz, which operates in the Arkhangelsk region. Pismenny signed a contract for a period of five years. Since 2005, Severalmaz has been developing the...
Mining Apr 16, 2015 Jeff Miller
Alrosa rough
ALROSA Launches Karpinskogo-1 Mine
ALROSA reported that a subsidiary, Severalmaz JSC, has started mining at the Karpinskogo-1 kimberlite pipe at the M.I. Lomonosov deposit in the Arkhangelsk region of Russia. Karpinskogo-1 contains over 33 million carats, according to JORC reserves. The...
Mining Oct 06, 2014 Deena Taylor
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