Industry News

November 3, 2019

An Alrosa international auction for special size rough diamonds (weighing over 10.8 carats) held in Dubai realized over $7 million. The miner said it sold 112 large rough diamonds with a total weight of 1,740 carats.

"In Dubai, we sold 75% of auctioned rough diamonds,"...

October 16, 2019

Alrosa’s sales fell 24% year on year to $258.7 million in September, amid continued market weakness.

However, the total was the highest in four months, and reflected a noticeable recovery in the small-stone sector, the Russian miner said last week.

“It is partly due...

October 13, 2019

ALROSA Group has announced diamond sales results for September and nine months of 2019.


In September, ALROSA Group sold $258.7 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $256.5 million, polished diamond sales―$2.2 million, wh...

October 13, 2019

The Kristall Production Association will hold an on-site trading session offering diamonds of various cuts and sizes as part of its integration process with PJSC ALROSA, according to a press release distributed by the diamond manufacturer.


The trading session will be h...

October 6, 2019

Alrosa has recovered an unusual piece of rough featuring one diamond encased inside another, in a style similar to the traditional Russian nesting doll.

The outer stone weighs 0.62 carats and contains an inner cavity of 6 cubic millimeters in which the internal 0.02-c...

October 6, 2019

De Beers Group’s latest round of rough diamond sales fell 39 percent short of last year, while rival Alrosa’s August sales were down 38 percent year-over-year.

The world’s two largest diamond mining companies both reported a more than 30 percent drop in revenue in their...

September 29, 2019

Alrosa is set to finalize its acquisition of diamond manufacturer Kristall in a $29 million deal in October, following approval from its supervisory board.

Alrosa expects the RUB 1.89 billion sale-and-purchase agreement to be signed by the end of the month, with a con...

September 25, 2019

The Alrosa Diamond Inspector, the first portable Russian instrument for diamond verification, has received high results in the ASSURE testing program run by the Diamond Producers Association (DPA). The testing was carried out by UL Verification Services, Inc., an indep...

September 18, 2019

Alrosa’s supervisory board is set to vote on the acquisition of diamond manufacturer Kristall, which will enable the miner to focus on increasing sales in the US and China, it said Tuesday.

The deal, which will go up for consideration on September 24, will cost Alrosa...

September 15, 2019

The Federal Agency For State Property Management (FASPM) plans to close the deal on the sale of Kristall shares to the Russian diamond mining company Alrosa by the end of the year, Vadim Yakovenko said on Monday to TASS.


“We are also working on the sale of shares of JS...

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