Tag Archive | "alrosa"

Sex Change in the Diamond Business; Alrosa Now Wears the Pants

Monday, November 7, 2011

Business Insider reported Jonathan Oppenheimer was obliged to accept a discount buyout from Anglo American (LSE:AAL).

S&P Affirms Diamond Miner Alrosa at ‘BB-/B’

Friday, October 21, 2011

Reuters Africa reported Alrosa (RTC:ALNU,MCX:ALRS) demonstrated notably improved financial results and credit metrics in 2011.

Anreyev Fails in Alrosa Bid

Friday, October 21, 2011

Business Insider reported Alrosa (MCX:ALRS,RTC:ALNU) has suffered a setback in selling up to 20% of shares.

Indian Bid for Alrosa Shares Spurned

Thursday, September 15, 2011

Business Insider reported there is no negotiation under way and no agreement between Alrosa (RTC:ALNU) and MMTC (BOM:513377).

MMTC to Buy Stake in Russian Conglomerate Alrosa

Tuesday, September 13, 2011

Mineweb reported India's MMTC (BOM:5133770) is eyeing a stake in Russia's Alrosa (RTC:ALNU).

Russia May Cut Stake in Diamond Miner Alrosa to 50%

Friday, July 1, 2011

Bloomberg reports that Russia’s Finance Ministry may cut it's share in OAO Alrosa (RTC:ALNU) to 50 percent in three years.

Diamond Miners Ramp Up Production

Wednesday, February 2, 2011

Helped by increased demand in 2010 for luxury goods after a abysmal year in 2009. The increased revenues from rising diamond prices and demand, many companies are increasing production. Alrosa mulls over an IPO by the end of 2011 worth upwards of $2 billion.

Zimbabwean ‘Blood Diamonds’ Back on the Market

Monday, August 23, 2010

Diamond prices have largely recovered from the 2008 global economic crisis, but the industry is still not back to pre-2008 levels of demand.

Diamond Miners Ramp Up Production

Tuesday, June 29, 2010

Diamond mining firms looking to cash in on higher prices and increased demand for stones are starting to ramp up production. The one major company that is curtailing operations, De Beers, is cutting production 5 percent per year for 5 years to increase mine life.

Diamond Companies Globally Face Tax Code Changes

Monday, June 14, 2010

As the diamond market slowly returns to pre-crash levels companies looking to increase profitability are calling upon their countries to change tax codes to be more favorable to the diamond market. Other countries that are looking to capitalize on mineral wealth are imposing new tax regulations on mining operations to benefit their nations.

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