Diamond – Reuters reported that Russia's Alrosa (MCX:ALNU) is planning a share sale for October or November of this year that could place the value of the business at up to $15 billion and raise "hundreds of millions of roubles" for local and national government owners.
Articles Tagged "alrosa"
Diamond – A brief overview of diamond price developments, supply and demand and significant market movers.
Diamond – Reuters reported that Russia is pushing ahead with the sale of its 14% stake in diamond miner Alrosa to raise $1B.
Diamond – Colored diamonds may make flashy jewelry, but they are also a strong investment.
Diamond – Polished prices have fallen and activity has slowed but rough diamond suppliers are resisting price reductions.
Diamond – Bloomberg reported Suleiman Kerimov urged the government to offer 51 percent of diamond miner OAO Alrosa under its asset sale program.
Diamond – Bloomberg reported OAO Alrosa’s Catoca diamond mine in Angola produced about 550,000 carats a month in the first quarter.
Diamond – Bloomberg reported Russia's OAO Lukoil (LSE:LKOH) plans to invest $1 billion in a diamond mine challenging OAO Alrosa's monopoly.
Diamond – Business Insider reported Jonathan Oppenheimer was obliged to accept a discount buyout from Anglo American (LSE:AAL).
Diamond – Reuters Africa reported Alrosa (RTC:ALNU,MCX:ALRS) demonstrated notably improved financial results and credit metrics in 2011.