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Alrosa Extends Supply Contract to March 2021
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Alrosa has delayed its new supply contract for rough buyers until early next year due to uncertainty in the diamond industry, the Russian miner said Friday.The current market environment has made it hard...
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Rough Markets
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Oct 25, 2020
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Rapaport News
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Alrosa Allows Clients to Defer All Purchases
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Alrosa is allowing full flexibility at next week’s monthly rough-diamond sale, enabling long-term clients to delay purchases until later in the year due to the current weak market.“The spread of coronavirus and counter-pandemic measures implemented around...
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Rough Markets
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Apr 02, 2020
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Joshua Freedman
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Alrosa Relaxes Sales Terms Amid Market Crisis
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Alrosa is allowing clients to defer up to 60% of their rough-diamond allocations at this month’s contract sale, claiming the concession will help buyers handle the current market difficulties.“Amid such market uncertainty, it wouldn’t be right to keep our...
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Rough Markets
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Mar 15, 2020
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Rapaport News
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Alrosa Reveals Client List for 2020
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Alrosa has named 58 companies that qualify for its long-term rough supply in 2020.The annual reshuffle saw the mining company remove Belgium-based Blue Gems and Russia’s EPL Diamond from the roster, while...
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Rough Markets
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Feb 06, 2020
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Joshua Freedman
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Alrosa Releases 2020 Supply Schedule
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Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also...
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Mining
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Dec 31, 2019
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Rapaport News
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Alrosa to Strengthen Position in China
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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...
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Mining
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Aug 29, 2018
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Rapaport News
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Alrosa Mulls Buying Manufacturer Kristall
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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,...
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Manufacturing
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May 06, 2018
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Rapaport News
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Investigation into $1.8B Jewelry Fraud Intensifies
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Indian authorities have reportedly arrested five senior executivesat Nirav Modi Group and Gitanjali Gems as investigations continue into amassive fraud case involving the two companies.Punjab National Bank (PNB) has alleged the...
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Financial-Legal
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Feb 21, 2018
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Joshua Freedman
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Alrosa Reveals New Long-Term Clients
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Alrosa’s list of long-term clients has grown to 65companies, with six new contract clients signing diamond-supply agreements forthe 2018-to-2020 period.Three new domestic clients, including Aives, Diapur andKristalldiam, as well as three new foreign businesses,...
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Mining
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Jan 24, 2018
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Rapaport News
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Alrosa Expands Long-Term Client List
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Alrosa has expanded its roster of long-termclients receiving rough diamonds in its Alrosa Alliance program.The company will publish the new client list for the 2018 to 2020 contract period later this month, it said....
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Rough Markets
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Dec 31, 2017
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Rapaport News
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