Angola has announced that Russian shares in two of its major diamond mines have been sold to an Omani-backed fund as a result ...

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 ...

Russia’s Alrosa said on Tuesday that ... and that the fund will receive the new diamonds by the end of 2024. The potential closure of the Pokrovsk mine could cause steel production to slump ...

Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.

MOSCOW (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, the sanctions ...

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

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

Russia's diamond giant Alrosa was until now a joint owner of Angola's Catcoa mine, the fourth largest in the world, and Luele mine, in partnership with the southern African nation's state-owned ...

Russian diamond miner Alrosa has announced the sale of its shares in two Angolan diamond mines to Maaden International ...

MOSCOW (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, the sanctions-hit ...