Russian Diamond Market: Rich Kimberlite Deposits Brighten Prospects
IBTimes reported the diamond market is expected to reach $5.74 billion in 2015.
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Tag Archive | "russia"
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.
Continue reading "Anreyev Fails in Alrosa Bid"
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).
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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).
Continue reading "MMTC to Buy Stake in Russian Conglomerate Alrosa"
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.
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Blood Diamond Trade Resuming in Zimbabwe?
Monday, January 10, 2011
The controversial ban on Zimbabwe’s exporting of “blood” diamonds is over, according to Deputy Mines Minister Gift Chimanikire, who insists the country has been given written permission to hold two diamond auctions this year by the Kimberley Process (KP), an international body set up to monitor the distribution of conflict minerals. Members of the international diamond trading community and human rights groups have responded to this claim with confusion because as of today, KP spokespersons are denying that any such permission has been given. “No decision has been made yet,” said the new KP chairperson Yamba Mathieu Lapfa Lambang of the Democratic Republic of the Congo, which took over the role as chair of the conflict diamond watchdog organization from Israel on January 1, 2011.
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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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Price Bubble In The Offing?
Tuesday, November 17, 2009
Though there are clear signs of a financial recovery around the world, at what price would there be a recovery for roughs? Is the `new-normal' daunting for the diamond industry?
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Putin Vowed $1 bln Support for Russian Diamond Miners
Friday, August 21, 2009
Russian Prime Minister Vladmir Putin pledged on Friday $1 billion in state support for diamond miner Alrosa to help it ride out a steep global dip in demand for gemstones. For full story, click here
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Diamond Giant Alrosa has planned $2 bln in Diamond Sales in 2009
Tuesday, July 28, 2009
Diamond Giant Alrosa intends to sell $2 billion worth of diamonds in 2009, as per the new president of Russia’s biggest diamond producer, Fyodor Andryev. For full story, click here
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Monday, October 24, 2011