A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled ...
An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC.
(IDEX Online) - Alrosa is to sell a batch of rough diamonds, among them a 390.7-carat stone, to the Gokhran as it battles ...
The move comes amid "deep crisis" in the global diamond industry and the Western sanctions’ impact on Russian diamond sales.
Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff ...
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified ...
Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, ...
Alrosa (MCX:ALRS), Russia's state-owned diamond miner, plans to suspend certain operations and reduce its workforce in 2025 as it confronts falling global diamond prices and the impact of ...
Angola has announced that Russian shares in two of its major diamond mines have been sold to an Omani-backed fund as a result of international sanctions, a government official said.
Russian diamond mining company Alrosa could halt some of its production and reduce its workforce size in 2025, reports Reuters citing the company's CEO Pavel Marinychev. Marinychev said the move ...
MOSCOW. Nov 21 (Interfax) - Alrosa , which controls nearly one third of global diamond mining, is considering suspending production at a number of the least profitable sites in 2025 and optimizing ...