A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled ...

Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, ...

The move comes amid "deep crisis" in the global diamond industry and the Western sanctions’ impact on Russian diamond sales.

Russia's state-owned diamond miner, plans to suspend certain operations and reduce its workforce in 2025 as it confronts ...

Alexei Moiseev, Russia’s deputy finance minister, told Russian media last month that Alrosa was ready to exit Angola, but it would not sell its stake in Catoca to Anglo American-owned De Beers, the ...

Alrosa will reduce production at its less profitable diamond deposits next year due to the challenges currently facing the ...

An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC.

Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff ...

Angola's mineral resources minister Diamantino Azevedo announced the sale on Thursday (28 November). He said Alrosa "will no ...

Credit: Bjoern Wylezich/Shutterstock. Russian diamond mining company Alrosa could halt some of its production and reduce its workforce size in 2025, reports Reuters citing the company's CEO Pavel ...

TASS/. Alrosa expects an increase in the demand for diamonds in 2022 because of the surge in weddings in the United States, the largest market, Deputy CEO of the Russian diamond miner Alexey ...