by Erez Rivlin | Oct 6, 2023 | DIAMOND NEWS, NEWS ARCHIVE
Petra’s Tender Results Down 18% Miner optimistic about impact of latest supply restrictions on prices By Erez Jacob Rivlin Rej 1 diamond – part of Diamond Herald coursesPicture : Diamond Herald Petra’s Tender 2 for FY 2024 reflected 16% to 18% lower prices than...
by John Jeffay | Jun 20, 2023 | CURRENT NEWS, DIAMOND NEWS, NEWS ARCHIVE
Alrosa has confirmed it will build a new mine at Mir, where eight miners died during catastrophic flooding in August 2017. Russia’s state-controlled miner says it has identified reserves of almost 38m carats at the mine. It will spend up to $1.5bn (RUB126bn) on...
by John Jeffay | Jun 19, 2023 | CURRENT NEWS, DIAMOND NEWS, NEWS ARCHIVE
Alrosa could diversify into other mineral markets as it faces increasing pressure on its rough diamond sales, says the company’s new CEO. Pavel Marinychev told the Almazny Krai TV channel he was also seeking to establish new sales channels to secure long-term growth....
