Searched for
ET ALROSA
Russia's diamond miner ALROSA sees India as a key partnerALROSA is the world’s largest diamond mining company. It accounts for over 30% of the global diamond output. Our reserves exceed 40% of the...- Indian diamantaires seek pause on rough stones' supplyThe overall gross exports of cut and polished diamonds between April and August of FY24 was $ 7028.31 million - a decline of 30.27% from $1...
- Surat on mind, gems body takes up Russia diamonds with USCutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russi...
- Ukraine impact: About 250,000 workers in Surat's diamond units sent on leave, job losses loomThe US Treasury had slapped sanctions on Alrosa on April 8, potentially cutting off about 30% of the world's supply of rough diamonds.
- 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...
- Diamond traders fear job losses even as Russia Co assures supplyThe diamond industry in Surat employs nearly 800,000 people and is said to have processed 14 out every 15 diamonds available in the world.
- De Beers, Alrosa pin hopes on rough diamond sales for recovery“The demand we have seen for our rough diamonds during the start of 2021 have been in line with expectations,” Paul Rowley, executive vice ...
- 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...
- India's diamond trade has one less problem to solve amid pandemicDe Beers and ALROSA, the two biggest miners in the trade, have decided to extend by a quarter the existing long-term rough diamond supply c...
- 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...
- 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...
- Indian diamond traders may get loans from Russian banks to buy diamonds from ALROSARussian banks have started granting loans to ALROSA's foreign clients for the purchase of rough diamonds. This will help the Indian diamond...
- Russian miner helps diamond tradeIn 2019, diamond jewellery retail sales in US are expected to fall 2 percent.
- Amend laws on synthetic diamonds, Russia tells IndiaIndustry executives said that around 5 million carats of synthetic diamonds are produced globally.
- 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...
- 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 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.
- 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...
Load More
