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

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

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

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

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

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 ...

Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff ...

Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, ...

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified ...

LUANDA (Reuters) - 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.

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 ...