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

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

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 ...

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

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

(IDEX Online) - Alrosa is to sell a batch of rough diamonds, among them a 390.7-carat stone, to the Gokhran as it battles ...

Alrosa (MCX:ALRS), Russia's state-owned diamond miner, plans to suspend certain operations and reduce its workforce in 2025 as it confronts falling global diamond prices and the impact of ...

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

A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled diamond miner Catoca, an Angolan official said on Thursday. Angola has been ...

LUANDA, Nov 28 (Reuters) - A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa (ALRS.MM), opens new tab in Angola's state-controlled diamond miner Catoca ...

MOSCOW, Nov 21 (Reuters) - Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff as it grapples with low global prices ...

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 Marinychev. Marinychev said the move ...