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$25million of Diamonds auctioned in Moscow [Nick Bick]

One of Russia's largest diamond monopoly, Alrosa, has just auctioned off more than $25 million in rough diamonds. The auction took place at the Russian Diamond Chamber in Moscow, at the 8th International diamond auction for special sized diamonds. Alrosa were quoted as saying, that all 112 parcels, containing 863 diamonds weighing a total of 14,350 carats, were sold. The auction included nine diamonds...

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Russian diamond firm Alrosa posts 6% net profit fall in 2007

MOSCOW, July 21 (RIA Novosti) - Russia's largest diamond producer, Alrosa [RTS: ALRS], said on Monday its net profit calculated to International Financial Reporting Standards fell 6% year-on-year ...

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Alrosa to sell oil and gas assets worth $400-700 mln - paper

MOSCOW, June 30 (RIA Novosti) - Russia's largest diamond producer Alrosa [RTS: ALRS] plans to sell two oil and gas assets in Western Siberia worth $400-700 million, business daily Vedomosti reported o...

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Russian government increases it stake in diamond miner Alrosa

The Russian state has secured a controlling stake in the world's second largest diamond miner, Alrosa.

1Vote!

Russian govt. gains controlling stake in Alrosa diamond firm

MOSCOW, June 18 (RIA Novosti) - Russia's government has gained a controlling stake in the country's largest diamond producer Alrosa [RTS: ALRS] through the purchase of Alrosa's newly issued shares, th...

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Alrosa Says It Could Bid Up To $50 Per Share for Polyus

Diamond miner Alrosa will consider bidding for control of Polyus Gold at a price of $40 to $50 a share, the company's chief executive said Saturday.

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Diamond miner Alrosa plays down IPO plans

Sergey Vybornov, the president of Russian diamond miner Alrosa, has poured cold water on the prospect of the state-owned company floating this year.

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Alrosa May Win Deal to Supply Faberge

Private equity fund Pallinghurst Resources is seeking a deal for its Faberge luxury goods brand to market gems from state diamond producer Alrosa, a top Pallinghurst official said Friday.

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Alrosa chief says weak dollar will force diamond industry to act

The president of the world's second biggest diamond miner has warned that the weakness of the dollar may prompt the industry to try and change the currency in which the precious stone is traded.

2Vote!

Interveiw With The President of the Moscow Diamond Exchange

Alex Popov, President of the Moscow Diamond Exchange, speaks of Russia’s flourishing diamond industry, the impact of Alrosa’s policy changes on the diamond industry and Russian nouveau riche's love for diamonds."Diamonds are the Russians' Best Friends" He Said.

1Vote!

Russia diamond producer Alrosa posts 38% net profit drop in Q1

MOSCOW, May 6 (RIA Novosti) - Russia's largest diamond producer Alrosa [RTS: ALRS] said on Tuesday its net profit calculated to Russian Accounting Standards fell 37.5%, year-on-year, in the first quar...

1Vote!

Alrosa Eyes Africa's Vast Resources

"We should use any chance to increase our resource base in Africa," company president Sergei Vybornov said Saturday at a meeting, according to the transcript posted on the company's web site. "Control...

2Vote!

Alrosa Eyes Africa's Vast Resources

Alrosa, the world's second-largest diamond miner, on Monday said it would vie for control of African resources, including diamonds, oil and gas.

1Vote!

Head of State Briefed on ALROSA`s Activity

Luanda, 03/13 – Angolan head of State, José Eduardo dos Santos, Thursday in Luanda analysed the activities that the Russian multinational, ALROSA, carried out in Angola`s diamonds, civil engineering and oil sectors, during an audience granted to its CEO, Serguei Vybornov. Speaking to the press, at the end of the audience, the Russian official said that President José Eduardo dos Santos received the...

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State Names Rosneftegaz, Alrosa Picks

The government on Friday renominated a number of key officials to the boards of state companies, including Deputy Prime Minister Alexei Kudrin and Kremlin deputy chief of staff Igor Sechin.

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2Vote!

Interveiw With The President of the Moscow Diamond Exchange

Alex Popov, President of the Moscow Diamond Exchange, speaks of Russia’s flourishing diamond industry, the impact of Alrosa’s policy changes on the diamond industry and Russian nouveau riche's love for diamonds."Diamonds are the Russians' Best Friends" He Said.