Angola's diamond production reached 10.7 million carats by September, aiming for a potential annual record of 14.8 million carats. Despite increased output, export values fell due to global economic ...
Russia’s State Depository for Precious Metals is finalizing its portfolio of diamond purchases from Alrosa, but the volume of acquisitions in 2025 will not be very large, Deputy Finance Minister ...
Previously, reserves of the precious metal at the Gornoye and Irelakh placer deposits, owned by the Mirny-Nyurba MPP, were approved in the amount of 433 kg. Currently, associated gold mining is ...
How Russia circumvents sanctions through Turkey, the UAE, and Central Asia. Shadow logistics and financing support the ...
Investing.com – Russia equities were higher at the close on Thursday, as gains in the Mining, Oil & Gas and Power sectors... Investing.com – Russia equities were higher at the close on Tuesday, as ...
Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high interest ...
MOSCOW – Russia's sanctions-hit diamond producer Alrosa on Friday reported a 77.3% fall in 2024 net profit year-on-year to 19.3-billion roubles ($219.32-million) on revenue of 239.1-billion roubles.
Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest economic headache for Russia. A major export business for Russia, diamonds ...
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
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 ...
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