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.
07 Jun, 2022, 12.34 AM IST
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 ...
11 Apr, 2022, 12.42 AM IST
Russian diamond miner ALROSA extends rough diamond supply contracts to Q2 of FY22ALROSA’s sales policy is based on 3-year long-term contracts with major diamond cutters, dealers, vertically integrated companies and diamo...
25 Mar, 2021, 11.21 AM IST
Diamond mining company Alrosa to offer zero buyout obligation to its clients despite demand revivalThe company will give its long-term clients an opportunity to request only the goods they need as the speed of the demand recovery varies a...
17 Sep, 2020, 06.01 PM IST
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...
09 Jul, 2020, 07.27 PM IST
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.
03 Apr, 2020, 10.16 PM IST
Indian companies plan payment in roubles to get around US sanctionsAt present, all diamond purchases are done in US dollars and the government is trying to use other currencies for trading with countries th...
10 Oct, 2018, 10.26 AM IST
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.
16 Apr, 2018, 11.24 AM IST
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...
03 Jan, 2018, 03.43 PM IST
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...
06 Sep, 2017, 07.26 AM IST
KGK Diamonds, Russia's Alrosa come together to widen partnershipThe new manufacturing facility is planned to be developed approximately by July 2017 boosting the employment opportunities, beginning with ...
07 Sep, 2016, 02.17 PM IST
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...
12 Aug, 2014, 01.52 PM IST
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 ...
10 Apr, 2014, 01.08 PM IST
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...
27 Feb, 2014, 06.15 AM IST
- State-owned MMTC keen on buying stake in Russian diamond miner
The government has given green signal to state-run companies to pick up stake in Russian diamond major Alrosa.
12 Sep, 2011, 05.57 AM IST
- Local diamond cos seal deals worth $490 mn with Alrosa
Three local diamond manufacturers, Rosy Blue, Diamond India and Ratilal Becharlal and Sons, on Friday inked deals totalling $490 million wi...
13 Mar, 2010, 11.49 AM IST
- Local diamond cos seal deals worth $490 mn with Alrosa
Three local diamond manufacturers - Rosy Blue, Diamond India and Ratilal Becharlal and Sons - on Friday inked deals totalling $490 million ...
13 Mar, 2010, 01.25 AM IST