RapNet


Rapaport News

 

Search Results

   
Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
Alrosa
Alrosa Sales Decline at Slower Rate
Alrosa’s sales fell 24% year on year to $258.7 million inSeptember, amid continued market weakness. However, the total was the highest in four months, and reflecteda noticeable recovery in the small-stone sector, the Russian...
Mining Oct 15, 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
Alrosa
Alrosa Consolidating Key Mining Division
Alrosa’s supervisory board will vote Tuesday on whether to close a subsidiary that controls two of its largest mines, bringing those deposits into its core business.The Russian miner owns a 97.5% stake in Alrosa-Nyurba, which holds...
Mining Sep 08, 2019 Rapaport News
Alrosa
Alrosa Deputy CEO Among Senior Exits
Yury Okoemov, one of Alrosa’s deputy CEOs and head of its diamond-cutting division, is leaving the Russian miner, the company said Tuesday. Okoemov has been with the Alrosa since 1993. After his departure,...
Mining Jul 31, 2019 Rapaport News
Alrosa rough diamonds with tweezers 150
Alrosa Launches Zarya Diamond Mine
Alrosa has started diamond production at a newdeposit in Yakutia with an expected mine life of 11 years, it said Wednesday. The Zarya pipe will help compensate for the diminishing resources at the miner’s Komsomolsky open-pit site, Alrosa...
Rough Markets Apr 18, 2019 Rapaport News
Alrosa
Alrosa March Revenue Plunges
Sales at Alrosa fell 33% year on year to $377.1 million inMarch, even as the rough market picked up after a weak start to the year. Rough-diamond proceeds were $369.2 million for the month, also 33% lower...
Mining Apr 11, 2019 Rapaport News
Alrosa Catoca mine 600
Alrosa, Endiama Aim to Develop Angola Industry
Alrosa has signed an agreement withAngola’s state-run diamond-mining company to develop joint projects and shareinformation. Alrosa and Endiama have committed to work together onresearch and exploration projects in Angola. The Russia-based miner will alsoprovide...
Mining Apr 07, 2019 Rapaport News
Alrosa
Alrosa Revenue Slumps in February
Sales at Alrosa fell 36% year on year to $345.6 millionin February as a slowdown in the rough market continued. Rough-diamond sales dropped 36% to $340.6 millionfor the month, according to Rapaport calculations based on Alrosa reports.Polished revenues slid...
Rough Markets Mar 07, 2019 Rapaport News
Alrosa to Launch Zimbabwe Operations
Alrosa to Restart Zimbabwe Operations
Alrosa will resume diamond-mining operations in Zimbabwe after a two-year break from the country. The Russian miner announced it would partner with the African country to develop joint exploration and extraction projects. The announcement...
Mining Jan 15, 2019 Rapaport News
Alrosa
Alrosa Lowers Full-Year Sales Outlook
Alrosa has reduced its full-year sales outlook amid weakerdemand for small stones in the second half, the miner said Thursday. The company expects to sell 37 million to 38 million caratsthis year, down from the...
Mining Nov 08, 2018 Rapaport News
Alrosa Rough Diamond
Alrosa Joins De Beers Blockchain
De Beers has signed up Alrosa to its blockchain pilot, bringingthe world’s two largest diamond producers together for the source-verificationproject. “We believe tracing requires industry cooperation andcomplementation for the sake of a common goal,” Alrosa...
Technology Oct 29, 2018 Rapaport News
Alrosa
Alrosa to Strengthen Position in China
Alrosa is looking to expand its presence in China, with plans to increase the number of long-term clients for its rough diamonds in the country. The company currently supplies around 5% of its total sales to entities in China and...
Mining Aug 29, 2018 Rapaport News
Alrosa Mir 200
Higher Prices Lift Alrosa Revenue
Alrosa’s sales and profit grew in the second quarter asrough-diamond prices rose after the miner was able to sell higher-value goodsthan last year. Revenue grew 2% year on year to $1.08 billion (RUB 72.2billion) for...
Mining Aug 26, 2018 Rapaport News
Alrosa 600
Alrosa Sells 51ct. Dynasty at Auction
Alrosa sold the 51.38-carat Dynasty diamond at auctionThursday, the most expensive polished stone in the miner’s history, it said Friday. The round, D-color, VVS1-clarity, triple-Ex stone (pictured) wasoriginally the centerpiece of a five-stone collection the...
Mining Aug 05, 2018 Rapaport News
Alrosa 150
Alrosa Elects New Supervisory Board
Alrosa’s shareholders elected a new supervisory board at thecompany’s annual general meeting Tuesday. The role of the 15-person supervisory board is to exercisegeneral control over the miner’s operations. Its members include CEO SergeyIvanov, as well as politicians...
Mining Jun 27, 2018 Rapaport News
Alrosa Mir Mine 150
Alrosa Reduces Output to Focus on Safety
Alrosa has lowered the production outlook for itsInternational mine from next year due to enhanced safety precautions following the Mir accident. “In our decision to reduce pace and output we were guided bynew,...
Mining Jun 21, 2018 Rapaport News
Alrosa cups
Strong Market Drives Alrosa Sales
Alrosa’s revenue rose in the first quarter, driven by animproved product mix and higher average selling prices. Revenue grew 14% year on year to $1.52 billion (RUB 94.89billion) for the three months ending March...
Mining May 17, 2018 Rapaport News
Alrosa to Open India Office 150
Alrosa to Open India Office
Alrosa plans to launch a representative office in Mumbai inMarch, appointing former Rio Tinto and Swarovski executive Jim Vimadalal tolead the operation. The base will focus on relationships with the Indian market,rather than engaging...
Mining Jan 25, 2018 Rapaport News
Virginia Drosos Signet
2017’s Diamond Merry-Go-Round
The past year has seen a number of changes in management-levelemployees within the diamond industry. Here’s a breakdown of the new faces anddepartures for 2017: Alrosa CEO Andrey Zharkov stepped down to besucceeded by former Sberbank senior...
Polished Markets Dec 26, 2017 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
Previous 1 Next
Show articles per page




Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us