Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, according to CEO Pavel Marinychev. The world’s largest producer of rough ...

Russian diamond miner Alrosa said on Friday that its subsidiary Severalmaz will suspend mining and transport operations from ...

LONDON (Reuters) - Russian state-controlled miner Alrosa, the world's biggest producer of rough diamonds in carat terms, raised $11.8 million in its first New York diamond auction of the year, as it ...

Alrosa PJSC, a major player in the global diamond mining industry, has announced a temporary halt in the sale of rough diamonds for September and October due to the current sluggish market conditions.

(Reuters) -Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high ...

LONDON (Reuters) -Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian company said on Monday as it reported financial results for the first time since ...

The EU in December agreed to prohibit diamonds exported from Russia as it tightened sanctions to further sap the Kremlin's coffers. On Wednesday, the 27-nation bloc added Alrosa, the world's largest ...

April 8 (Reuters) - Moscow-listed shares of state-controlled diamond miner Alrosa ALRS.MM were down 5% early on Friday after the United States expanded sanctions on the company, aiming to cut off ...

Russian diamond producer Alrosa's sales revenue jumped by 49% to $4.2 billion last year as demand exceeded supply and helped the company to recover from the hit it took at the start of the COVID-19 ...

In 2029, ALROSA will launch a gold extraction plant at the Degdekan deposit. The average annual production will be 3.3 tons of gold per year. This was announced by Almazy Anabara CEO Alexey Okorokov, ...