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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 Showcases ‘Record-Breaking’ Pink
Alrosa has launched an exhibition of rare polished coloreddiamonds, including a 14.83-carat pink that is the largest of its colorin Russian history, the miner said Wednesday. The oval-shaped stone was cut from a 27.85-carat rough that...
Polished Markets Feb 13, 2019 Rapaport News
January Slowdown Hits Alrosa Sales
Alrosa’s sales fell in January amid market weakness, the miner said Tuesday. Proceeds decreased 44% year on year to $281.5 million.Rough-diamond sales dropped by the same percentage to $278.2 million, while polished revenue slid38% to $3.4...
Mining Feb 12, 2019 Rapaport News
Ex-Leo Schachter Exec to Head Alrosa US
Alrosa has appointed Rebecca Foerster as president of its US operations, a role in which she will work on developing the miner’s polished sales in the country. Foerster, who was previously executive vice president of strategic planning and...
Mining Jan 20, 2019 Rapaport News
Large Stones Boost Alrosa Sales
Alrosa’s sales climbed 9% year on year to $338.7 million inSeptember due to strong demand for large stones, the miner saidWednesday.Higher sales in the 2-carat-plus and 10.8-carat-plus categories boosted the overall result, Alrosa deputy CEO...
Mining Oct 10, 2018 Rapaport News
Alrosa diamonds
High-Value Rough Demand Boosts Alrosa Revenue
Alrosa’s sales climbed 14% to $294.9 million in August dueto strong demand for higher-value rough diamonds, the miner reported. “Despite [the] traditional August market slowdown, sales of bothrough and polished diamonds were much...
Mining Sep 12, 2018 Rapaport News
Alrosa 11-carat purple
11ct. Purple to Lead Alrosa Hong Kong Sale
An 11-carat diamond will feature in Alrosa’s inaugural auctionof colored polished diamonds at the upcoming Hong Kong Jewellery & Gem Fair. The cushion-cut, fancy-deep-purple-pink stone (pictured) —which will lead the sale — is the largest...
Polished Markets Sep 05, 2018 Rapaport News
Alrosa 600
Steady Rough Market Boosts Alrosa Sales
Alrosa’s sales climbed 16% year on year to $339.1 million inJuly as rough demand remained strong despite the summer lull, the miner saidFriday. “Compared to last year, demand for rough diamonds remainsmore balanced — almost...
Mining Aug 12, 2018 Rapaport News
Alrosa 150
Alrosa Revenue Rises in Strong Rough Market
Alrosa’s sales climbed 7% to $390.3 million in June amid robustdemand for rough diamonds, the miner said Tuesday. “In the second quarter, there was almost nonoticeable seasonal drop traditional for this period,” said...
Mining Jul 10, 2018 Rapaport News
Alrosa 150
Alrosa Sales Plummet Amid Mine Suspensions
Alrosa’s sales plunged 39% to $288 million in May due to apause in activities at some of the company’s mines. “There was a planned decrease in sales in May compared tothe similar period last year due to the sale of...inventories...[at]the...
Mining Jun 10, 2018 Rapaport News
Alrosa Diamond Sorting Center Mirny
Robust Demand Drives Alrosa Sales Jump
Alrosa’s sales grew 28% year on year to $405.3 million inApril amid strong demand for goods and an optimistic market, the miner said. “In January to April, world markets saw consistent high demandfor rough...
Rough Markets May 13, 2018 Rapaport News
Alrosa 150
Large-Stone Demand Drives Alrosa Sales
Alrosa’s sales leaped20% year on year in the first quarter, as demand for medium-sized and largerough diamonds strengthened. Total sales for thethree months ending March 31 rose to $1.61 billion, of which $1.58 billion wasfrom rough...
Mining Apr 11, 2018 Rapaport News
De Beers 030718 150
Alrosa Sales Surge on Strong China Demand
Alrosa’s sales soared 35% to $541.9 million in February,strengthened by significant demand ahead of the Chinese holiday season. “In February, the core diamond markets were quite strong,” Yury Okoemov, deputy CEO, said Wednesday. “The...
Mining Mar 07, 2018 Rapaport News
Alrosa Israel Auction Fetches $14M 150
Prices Strong at Alrosa Israel Auction
Alrosa sold $13.7 million worth of special-size rough diamonds in Israel earlier this month, the miner said Friday. The company auctioned 105 diamonds larger than 10.8 carats, totaling 1,665 carats. The stones...
Mining Feb 18, 2018 Rapaport News
Alrosa Releases January Sales Results 150
Alrosa Results Climb in January
Alrosa’s sales surged 38% to $504.5 million in January, as a strong holiday season boosted market sentiment. “We have seen good demand for the whole assortment of ourdiamond products,” Yury Okoemov, deputy CEO of Alrosa, said...
Mining Feb 13, 2018 Rapaport News
Alrosa 2017 Rough Sales Decline 150
Alrosa Sees Sales Decline in 2017
Alrosa’s diamond sales fell in 2017 as an influx of lower-value rough reduced the average price it achieved. Combined rough and polished sales amounted to $4.27 billion for the year, Alrosa said Thursday, leaving the total...
Mining Jan 14, 2018 Rapaport News
Alrosa Sale 150
Alrosa Benefits from Rough Market Recovery
Alrosa’s sales spiked in November as the rough-diamondmarket recovered from a downturn it had experienced a year earlier. Sales grew 36% to $334.2 million compared with November2016, when the Indian government’s demonetization policy negatively impactedliquidity and...
Mining Dec 11, 2017 Rapaport News
Alrosa Dynasty collection
Alrosa Fails to Sell 51ct. Dynasty
Alrosa withdrew the 51-carat Dynasty diamond from itsauction of a polished collection after realizing it would not fetch the pricethat the company had wanted.The Russian miner will now try to sell the stone at anotherauction,...
Mining Dec 03, 2017 Rapaport News
Yury Okoemov ALROSA
ALROSA Sales Rise as Rough Demand Returns
ALROSA’s diamond sales jumped 26 percent to $4.49 billion in2016, reflecting a recovery in the rough market, according to the miner’s preliminaryresults.The increase came despite a slowdown in the final two months when India's demonetization policy impacted...
Mining Jan 11, 2017 Rapaport News
ALROSA sorters
ALROSA Sales Weather Indian Liquidity Storm
ALROSA’s diamond sales jumped 63 percent from ayear ago to $255.2 million in November, a signal that the liquidity crisis inIndia has failed to derail a recovery in the rough market this year.Rough sales stood at $245.6 million...
Mining Dec 07, 2016 Rapaport News
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