Angola removes sanctioned Alrosa from its diamond mines
Angola removes sanctioned Alrosa from its diamond mines ahead of US visit
Alexei Moiseev, Russia’s deputy finance minister, told Russian media last month that Alrosa was ready to exit Angola, but it would not sell its stake in Catoca to Anglo American-owned De Beers, the group’s biggest rival in the global diamond market.
(IDEX Online) - Alrosa is to sell a batch of rough diamonds, among them a 390.7-carat stone, to the Gokhran as it battles ...
The move comes amid "deep crisis" in the global diamond industry and the Western sanctions’ impact on Russian diamond sales.
Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, ...
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Alrosa to Cut Production and Staff to Counter Diamond Market SlumpRussia's state-owned diamond miner, plans to suspend certain operations and reduce its workforce in 2025 as it confronts ...
The CEO of Russia’s largest diamond mining company, Alrosa, has warned that the diamond industry faces a ‘crisis’ as prices fall for a second consecutive year.
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified ...
MOSCOW. Nov 21 (Interfax) - Alrosa , which controls nearly one third of global diamond mining, is considering suspending production at a number of the least profitable sites in 2025 and optimizing ...
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