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Alrosa mine trucks
Alrosa Upbeat as Diamond Sentiment Improves
Alrosa gave a positive assessment of the diamond market ahead of the holidays after rough and polished trading picked up in the third quarter.The Russian company’s rough-diamond sales climbed to $552.9 million during the three months...
Mining Oct 18, 2020 Rapaport News
Alrosa rough 150
Alrosa Sees First Sales Increase Since Feb.
Alrosa’s sales rose 19% year on year to $216.7 million in August as the miner reduced rough prices to spur demand amid an improvement in the diamond market.The month saw the company’s first revenue increase since February,...
Mining Sep 10, 2020 Rapaport News
Alrosa yellow diamond 150
Alrosa Finds Russia’s Largest Colored Diamond
Alrosa has recovered a 236-carat, intense-yellow-brown diamond, the largest natural colored diamond found in Russia.The stone, which the miner recovered from its Ebelyakh deposit in Yakutia, is an estimated 120 million to 230 million years old,...
Mining Aug 10, 2020 Rapaport News
Nyurbinskaya
Alrosa Monthly Sales Plummet Again
Alrosa’s diamond sales fell 86% year on year to $31.3 million in June as contract customers continued to delay buying rough allocations.“For the third time in a row, we offered our long-term customers unprecedentedly flexible sales conditions, including...
Rough Markets Jul 12, 2020 Rapaport News
ALROSA
Alrosa Diamond Revenue Plunges in May
Alrosa’s diamond sales plummeted 85% to $40.1 million in May as the miner allowed customers to defer purchases.Rough sales slumped 86% year on year to $36.2 million, while polished revenues fell 22% to $3.9 million, the Russian...
Mining Jun 10, 2020 Rapaport News
Kristall polishing factory
Alrosa Halts Polishing Divisions Indefinitely
Alrosa has shut all operations at its polishing units until further notice, as it waits for demand and health conditions to improve.The closure affects the miner’s three manufacturing centers: its original two in Moscow and...
Manufacturing May 10, 2020 Leah Meirovich
Alrosa Kristall
Alrosa to Restructure Manufacturing Business
Alrosa’s supervisory board has approved a three-yearstrategy for its cutting-and-polishing divisions, including the integration of newacquisition Kristall. The plan, which it will implement between 2020 and 2022,will improve the efficiency of the Russian miner’s...
Manufacturing Dec 17, 2019 Rapaport News
Alrosa Kristall
Alrosa Board Approves Kristall Takeover
Alrosa is set to finalize its acquisition of diamondmanufacturer Kristall in a $29 million deal in October, following approval fromits supervisory board. Alrosa expects the RUB 1.89 billion sale-and-purchaseagreement to be signed by the end of the month, with a concrete...
Polished Markets Sep 26, 2019 Rapaport News
Alrosa Kristall
Alrosa Expects Kristall Merger in September
Alrosa’s supervisory board is set to vote on the acquisitionof diamond manufacturer Kristall, which will enable the miner to focus onincreasing sales in the US and China, it said Tuesday. The deal, which will go up for consideration on September24,...
Polished Markets Sep 18, 2019 Rapaport News
RapNet Kristall Smolensk Crown
Seller Puts $15.5M Crown on RapNet
Russian diamond manufacturer Kristall Smolensk is selling areplica of the Great Imperial Crown of the Russian Empire on RapNet’s newjewelry platform for $15.5 million. The crown, which weighs 2.3 kilograms, comprises more than11,000 round,...
Polished Markets Mar 06, 2019 Rapaport News
Alrosa colored diamond polished
Miners Seeking Profits Beyond Rough
De Beers has been dabbling in the retail end of thediamond industry for more than 15 years, but recently, other miners have begunto follow suit, breaking out of the production box and entering other aspectsof...
Mining Jan 23, 2019 Leah Meirovich
Bitcoin
Analysis: Crypto Firms Betting on Diamonds
Somewhere between the volatility of cryptocurrencies and thestability of diamond prices lies an opportunity for investors. That is, atleast, what several new initiatives to create diamond-backed crypto-coins arebetting on.In fact, developers of these coins, or “tokens,”...
Technology Dec 11, 2018 Avi Krawitz
Kristall polishing factory
Alrosa Mulls Buying Manufacturer Kristall
Alrosa is considering acquiring Kristall Smolensk Diamonds,Russia’s largest manufacturer of polished goods.The miner’s supervisory board deemed the potential deal“expedient” after examining it on April 28, it told Rapaport News Sunday.“Alrosa…sees that such an acquisition, under certainconditions,...
Manufacturing May 06, 2018 Rapaport News
Kristall of Smolensk Factory
Kristall Schedules Tender for Tel Aviv and Antwerp
Press Release: Kristall Production Corporation is continually adapting its marketing and sales policies to the challenges of the present-day diamond market. As part of this creative process, in our efforts to provide a wider range of services to our clients,...
Polished Markets Dec 30, 2014 Kristall
Kristall Small
Kristall Upgrades English Website With a Focus on B2B
Press Release: Kristall Production Corporation launched an updated English version of its corporate website: www.kristallsmolensk.com. The company restructured the interface to provide information about the company’s products – top-make polished diamonds, client services and...
Manufacturing Nov 19, 2014 Kristall
Kristall of Smolensk Factory
Kristall Schedules Polished Tender No.9 for Antwerp & New York
Press Release: Kristall Production Corporation is constantly adapting its marketing and sales policies to the realize the challenges of the present day diamond market. As part of this creative process, in our efforts to provide a wider range...
Polished Markets Oct 22, 2014 Kristall
Kristall of Smolensk Factory
Kristall Schedules Polished Tender
Press Release: Kristall Production Corporation is constantly adapting its marketing and sales policies to the realities and challenges of the present-day diamond market. As part of this creative process, in our efforts to provide a wider range of services...
Polished Markets Aug 05, 2014 Kristall
Kristall Small
Kristall's Shkadov Visits Botswana
Press Release: On April 1, 2014, a reception took place at the Embassy of the Russian Federation in Botswana on the occasion of a visit by Maxim Shkadov, who is the general director and CEO of Smolensk Kristall, as well as the president of the...
Marketing Apr 02, 2014 Kristall
Kristall of Smolensk Factory
Kristall Opens Online Polished Diamond Store
Press Release: Earlier this month, Kristall Production Corporation launched a new English version of the corporate website www.kristallsmolensk.com.As i announced, a new ecommerce feature was planned to be an integral part of the resource. The online polished diamonds...
Retail Mar 17, 2014 Kristall
Kristall Small
Kristall Launches New English Version of Website
Press Release: Kristall Production Corporation launched its new English version of the corporate website www.kristallsmolensk.com, with the focus on the international audience. The website was part of the company’s updated concept for international...
Marketing Mar 03, 2014 Kristall
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