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ALROSA MINES
G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...- Russia’s secret gem sales are dividing the diamond worldThere’s a handful of Indian and Belgian buyers who are snapping up large volumes at lucrative terms, getting to pick and choose the diamond...
- IDTC turns to small diamond mines in Central, South AfricaThese small mines sell their diamonds through recognised diamond auction trading houses like Bonas-Couzyn and I Hennig in Antwerp and Dubai.
- Fresh sanctions on Russia cut Gujarat diamond workers, tooWorking hours have been reduced to eight hours from 12 and units have declared two days off weekly, which is having a bearing on the wages ...
- US lawmakers want India to restrict sale of Russian-origin diamondsA bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...
- Russia resumes export of rough diamonds to IndiaRouting payments through German banks has delayed the payment process by a week, but it has temporarily addressed the worries of diamond ex...
- Wedding demand will drive diamond consumption in the quarter to DecemberDe Beers also said it has executed 80% of its orders with Indian manufacturing units in Surat and retailers across the country to cater to ...
- Alrosa to be flexibile with dates for its rough diamond trading sessionsTo make diamond supply more steady, ALROSA is moving its next trading session from August 10-14 to the second half of that month. "The date...
- Alrosa to give full flexibility to Indian rough diamond buyersAlrosa’s response follows a request by the Gem & Jewellery Export Promotion Council (GJEPC) to the miner on March 14.
- Post-Nirav scam: Alrosa now cautiousAlrosa expects growth of 5-10% in FY19 over FY18 in the Indian market, he said.
- Russian major to set up diamond base in IndiaVimadalal said ALROSA has plans to launch its own brand of diamonds for the Indian market to be launched in 2019 or 2020.
- Indian diamond manufacturers look to set up cutting, polishing units in RussiaThe govt has yet to come up with a tax structure to enable diamond traders to directly purchase rough diamonds from the SNZ at Mumbai’s Bha...
- Russia plans gem reform to compete with India's million workersThe plan may lead to Alrosa selling about 10 percent of its gems domestically, Moiseev said, adding that there are no plans for Alrosa to i...
- Indian diamond industry gears up for global campaign with mining cosRio Tinto, De Beers, Dominion Diamond Corp, Petra Diamonds, etc. have formed an alliance to promote diamonds across the globe.
- Indian companies ink pact to buy $2.1 billion diamonds from RussiaRussia is the world's largest producer of diamond, while India is the world's biggest manufacturing centre for cut and polished diamonds.
- Here's why the US doesn't want to ban Russian diamond importsWhile Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds fro...
- India and Russia to sign diamond trading pactIndia, the world's largest diamond-processing nation and Russia, the world's largest rough diamond producer, have decided to share data on ...
- India courts Russia’s Alrosa for steady supply of diamondsIndia has offered that state-run trading company MMTC could conclude a long-term agreement with Alrosa, a conglomerate of Russian diamond m...
- State-owned MMTC keen on buying stake in Russian diamond minerThe government has given green signal to state-run companies to pick up stake in Russian diamond major Alrosa.
- Russia's diamond giant wants to dig deeperJust below the Arctic circle, amid sprawling tundra forests that are the only sign of life for hundreds of kilometres (miles), geologists f...
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