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Alrosa reported last week that net profit had risen with some 15 percent to reach $1.4 billion in 2018. The announcement followed earlier reports that the company’s sales volume had dropped with eight percent compared to 2017.
Alrosa has begun accepting payments in euros, as it continues to test the waters with currencies other than dollars.
Petra Diamonds recovered two gem-quality rough stones from its Cullinan mine in South Africa Friday the 8th of Mars.
Press release – ALROSA, a global leader in diamond production, reports diamond sales for February 2019.
Press release – US$490 million (provisional)
The Verkhne-Munskoye, one of the largest diamond mines in the world, produced a unique gem-quality rough diamond weighing 98.8 carats. The stone was found in the Zapolyarnaya kimberlite pipe.
The Gahcho Kué diamond mine, a joint venture between De Beers Canada and Mountain Province Diamonds is selling an exceptional, 60-carat yellow rough diamond in a sealed bid tender.
February is a crucial time for Canada’s diamond mines. Located in the most remote region of the country’s frozen Northwest Territories (NWT), Rio Tinto, Dominion Diamond Mines and De Beers have a two-month window to connect their mining operations to the outside world.
Gem Diamonds has recovered a high-quality, 13.33-carat pink diamond in Lesotho.
Alrosa has launched an exhibition of rare polished colored diamonds, including a 14.83-carat pink that is the largest of its color in Russian history, the miner said Wednesday.
Russian diamond miner Alrosa celebrated Valentine’s Day by displaying a unique rough diamond that has the shape of a heart.
Lucapa Diamond Company has recovered a 128-carat white diamond from its Lulo alluvial mine in Angola, the company said Tuesday.