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Russian diamond producer Alrosa says Sept sales jump to $336 mln
Russian diamond producer Alrosa reports August sales jump
Russia's Alrosa reports $4 mln Q2 net profit
AK Alrosa PAO (Aktsionernaya kompaniya ALROSA PAO or ALROSA Company PJSC), formerly AK Alrosa OAO, is a Russia-based company which is principally engaged in the exploration, mining, manufacture and sales of diamonds. Its operations include five Integrated Mining and Processing Complexes: Mirny, Udachny, Aikhal, Anabar and Nyurba located in the Sakha Republic; sorting divisions and diamond cutting and polishing division. The Company is a member of variable diamonds associations. It operates through several representative offices, branches and subsidiaries, including Alrosa-Nyurba OAO, Almazy Anabara OAO and Severalmaz OAO.
Ozerkovskaya naberezhnaya, d. 24
Anton Germanovich Siluanov
Chairman of the Supervisory Board
Sergey Sergeevich Ivanov
General Director (CEO) - Chairman of the Management Board, Deputy Chairman of the Supervisory Board
Aysen Sergeevich Nikolaev
First Deputy Chairman of the Supervisory Board
Igor Vitalevich Sobolev
Member of the Management Board, First Deputy General Director - Managing Director
Sergey Vladimirovich Barsukov
Member of the Management Board, Deputy General Director
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Russian state-controlled diamond producer Alrosa <ALRS.MM> expects its fourth-quarter sales to stabilise year on year as demand for precious stones is recovering, its chief executive, told a meeting with President Vladimir Putin on Monday.
Russia's President Vladimir Putin will on Monday meet Sergei Ivanov, chief executive of the state-controlled diamond producer Alrosa, Kremlin spokesman Dmitry Peskov said.
Russian state-controlled diamond producer Alrosa said on Friday that its second-quarter net profit fell by 98% year on year to 300 million roubles ($4 million) as the novel coronavirus outbreak hit demand for precious stones.
JOHANNESBURG/MUMBAI, Aug 12 - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply chains, Rajen Patel swapped diamond polishing for peanut farming. Patel, who worked for a decade in India's Surat...
(Repeats to additional subscribers, no changes to text) * Global diamond supply chains convulsed by pandemic * Diamond polishers in India switch to farming * Miners seek new supply deals to boost margins * Mines from Canada to Lesotho still shuttered By Helen Reid, Tanisha...
(Repeats story with no changes to text) * Global diamond supply chains convulsed by pandemic * Diamond polishers in India switch to farming * Miners seek new supply deals to boost margins * Mines from Canada to Lesotho still shuttered By Helen Reid, Tanisha Heiberg and Rajendra...
JOHANNESBURG/MUMBAI - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply chains, Rajen Patel swapped diamond polishing for peanut farming. \
Russian diamond producer Alrosa said on Monday that its rough and polished diamond sales totalled $35.8 million in July, down 79% from a year earlier after the coronavirus pandemic hit demand and the supply chain.
Russian diamond producer Alrosa expects its sales for May to total tens of million dollars, down sharply from May 2019 but up from April 2020, when its diamonds sales were worth $16 million, its chief executive told Reuters.
Russian diamond producer Alrosa said on Tuesday its sales of rough and polished diamonds dived 95% in April compared to the same month of 2019 due to the coronavirus crisis.
Diamond producer Alrosa warned on Tuesday that its production plans for this year may change as it prepares to suspend two mining projects due to falling demand and sales caused by the coronavirus outbreak.
Alrosa will suspend two mining projects due to poor demand and falling sales, the Russian diamond monopoly said on Tuesday, citing the impact of the coronavirus.
Three of Russian metals and mining companies said on Wednesday they were tightening belts with tools varying from reduced investment to delayed dividends or postponed asset purchases as the new coronavirus outbreak is adding to risks.
Russian diamond producer Alrosa on Friday reported a 60% fall in March sales versus a year earlier citing the spread of the coronavirus for the fall in demand.
Russian diamond producer Alrosa said on Friday that its sales in March fell by 60% year on year as the spread of the coronavirus hit demand.
Russian diamond producer Alrosa said on Wednesday it would ease trade session rules for customers in April as the spread of the coronavirus and related travel restrictions hit demand for precious stones around the globe.
Anglo American said on Monday its diamond unit De Beers Group will not hold its third sales event because of lockdowns in Botswana, South Africa and India, to contain the fast-spreading coronavirus pandemic.
Russian diamond producer Alrosa is considering options for online trade as global travel restrictions due to the coronavirus outbreak complicate traditional physical inspection of gemstones, it said in a statement on Thursday.
Russian diamond miner Alrosa will relax payment terms for long-term customers in its March trade session starting this week, it said on Thursday, as diamond sales fall due to the uncertainty caused by the coronavirus outbreak.
Russian diamond miner Alrosa said on Wednesday that its sales in February were hit by risks related to the spread of the coronavirus outbreak, which is likely to continue hurting demand for gemstones in the coming months.
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