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 27, 2019

Alrosa has unearthed a rough stone weighing 232.4 carats at the Udachnaya pipe, its largest in more than three years.

“Such large, gem-quality crystals are extremely rare,” Evgeny Agureev, deputy CEO of Alrosa, said last week. “Of course, they are present at Alrosa’s...

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 25, 2019

Russian diamond giant, ALROSA, which is still negotiating with its new joint venture partner, Zimbabwe Consolidated Diamond Company (ZCDC), has been accused of making “unreasonable” demands.

The world’s leading diamond producer’s demands include paying a low fee for lu...

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