Alrosa News

From 34 million carats to 28-31 million carats - a 17% reduction

Alrosa iss offering its long-term customers over 800 rough diamonds from 5-10 carats batches

In April, the miner has remained “committed to its price over volume strategy”

Almost all mining and cutting has been suspended until the end of summer

The miner’s revenue from rough and polished diamond sales totaled $904 million

The tender will run through April 6 and replaces the company’s upcoming special size auctions

Alrosa’s mandatory amount of rough diamonds has been lowered to 40%

February sales of rough and polished diamonds reached $346 million - a 14% fall over January

Revenue for the year fell 21% to about $3.33 billion following a fall of 12% in sales

The miner will offer color diamonds over 5 carats as well as fancy yellow, pink and purple lots

Alrosa sold 123 rough diamonds with the total weight of 2,205 carats

The stone is a bright yellow gem-quality diamond weighing 17.44 carats

According to West, as production declines, “pink diamonds will become rarer and thus more valuable”

According to Alrosa, “January saw steady demand for rough diamonds as cutters continued restocking”

Alrosa's rough auction will be held in Moscow, while its polished auction will be held at IDE

Alrosa shows big improvements in revenue in Q4 as diamond market continues to stabilize

Total exploration costs at the huge Mir mine are estimated at around $32 million

Alrosa marks "signs of stabilising diamond demand" in December