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ALROSA 2018
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Among the many interesting aspects of the recent trade-press tour of ALROSA’s operations in the Yakutia Republic was the fact that it happened. The Russia-based diamond mining company has become a more focused, transparent, media-and-investor...
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Mining
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May 31, 2013
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Avi Krawitz
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Kristall Plans 50th Anniversary Celebration in May
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Kristall Production Corporation will celebrate its 50th anniversary on May 24, in Smolensk, Russia with an invitation-only event. It is expected that local diamond industry leaders, government representatives and other dignitaries, as well as many foreign guests,...
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Manufacturing
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Apr 29, 2013
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Jeff Miller
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Marketing
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Apr 22, 2013
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Jeff Miller
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Kristall, ALROSA Sign New Two-Year Supply Contract
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Kristall Production Corporation and ALROSA signed a two-year agreement for rough diamond supplies on March 18 in Moscow that maintained the existing volume of monthly purchases. Kristall has been cooperating with ALROSA on its rough supplies...
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Rough Markets
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Mar 20, 2013
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Jeff Miller
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Rosy Blue Renews ALROSA Rough Supply Contract
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Rosy Blue signed a new long-term rough diamond supply deal on Wednesday with Russia-based miner ALROSA, to supplement its supply from De Beers and BHP Billiton, among others.“We are delighted to enter into the extension...
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Rough Markets
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Dec 19, 2012
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Dilipp S Nag
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Indo–Russian Summit Participants Eye New Business
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The second edition of the Indo–Russian Jewellery Summit in Mumbai ended on Thursday, with participants expressing satisfaction with the business meetings and trade opportunities. A total of 13 Russian retailers participated in the four-day networking event that...
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Polished Markets
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Nov 02, 2012
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Dilipp S Nag
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India's Young Sparks Rise in Online Retail Activity
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India’s online retail activity is growing at a rate of 43 percent a year with women increasingly active on the web, a recent study revealed. Women account for about 40 percent of the approximate 125 million Internet users in India, the joint research by the Associated Chambers of Commerce and Industry of India (ASSOCHAM)...
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Retail
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Oct 30, 2012
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Dilipp S Nag
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Indo–Russian Jewellery Summit Kicks Off in Mumbai
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The second edition of the Indo–Russian Jewellery Summit kicked off in Mumbai on Monday with a goal to boost trade ties between Indian jewelry manufacturers and their Russian counterparts.“We hope that this summit will help...
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Polished Markets
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Oct 29, 2012
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Dilipp S Nag
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India, Russia to Hold Jewelry Summit in Mumbai
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The second edition of the Indo–Russian Jewellery Summit will begin on October 29, 2012 in Mumbai with a goal to boost trade ties between Indian jewelry manufacturers and their Russian counterparts.The networking meeting is jointly organized by India's Gem & Jewellery Export Promotion Council (GJEPC) and the...
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Polished Markets
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Oct 23, 2012
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Dilipp S Nag
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ALROSA Sales Rise But Lowers Guidance for 2012
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ALROSA's interim management report for the first half of 2012 recorded rough diamond sales of $2.4 billion, up from about $2.16 billion one year ago. However, the company's executive committee stated today that...
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Rough Markets
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Sep 14, 2012
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Jeff Miller
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Global Diamond Production +26% to $14B in 2011
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Global diamond production rose 26 percent to $14.41 billion in 2011 as rough diamond prices soared during the year, Kimberley Process data showed. By volume, production fell 3 percent to 123.99 million carats. The average price of production...
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Mining
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Jul 31, 2012
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Avi Krawitz
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Global Rough Production Reaches a Plateau
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Global rough diamond production has plateaued with declining output at the world’s major mines and no significant new sources, according to a report by Metals Economics Group (MEG).MEG noted that only two relatively small new...
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Rough Markets
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Jul 31, 2012
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Dilipp S Nag
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A.T. Kearney Report Ranks Emerging Online Retail Markets
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Online shopping is changing how retailers develop their global expansion strategies. A.T. Kearney's E-Commerce Index reveals which developing markets hold the most potential for online growth.Retailers are constantly seeking new paths...
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Retail
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Jun 27, 2012
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Rapaport News
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ALROSA's 1Q Production -19%
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ALROSA's rough diamond production fell 19 percent year on year to 8.088 million carats in the first quarter, according to the company's executive committee meeting minutes published today. The committee also approved the concept of developing...
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Mining
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May 25, 2012
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Jeff Miller
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ALROSA's Supervisory Board Approves $254M for Dividends
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ALROSA's supervisory board recommended dividends of $253.6 million (RUB 7,438,615,000) based upon 2011 net earnings of $1 billion (RUB 29,519,001,000). The dividend payment would be at RUB 1.01 per one outstanding ordinary, registered share of 50 kopecks...
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Financial-Legal
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Apr 25, 2012
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Jeff Miller
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Kristall's Revenue +38% in 2011, Profit +53%
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Kristall's revenues jumped 38 percent year on year to $567 million (RUB 16.732 billion) in 2011, which exceeded the company's financial goal. Net profit surged 53 percent to $9.7 million (RUB 287.995 million). Taxes rose 80 percent...
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Polished Markets
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Apr 18, 2012
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Jeff Miller
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Indo-Russian Diamond Summit Begins April 3
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India's diamond manufacturers and Russia's buyers will meet on April 3 to 5, in Surat with the aim to boost trade ties. The network meeting, jointly organized by Moscow Diamond Bourse (MDB) and India's Gem & Jewellery...
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Polished Markets
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Apr 02, 2012
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Dilipp S Nag
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Rough Markets
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Mar 28, 2012
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Dilipp S Nag
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RDMA Looks Forward to Renewed Growth in Russia
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The Russian Diamond Manufacturers Association (RDMA) submitted a report to the International Diamond Manufacturers Association (IDMA), affirming that not only is diamond production on the rise in Russia, but rough supplies to the industry will increase...
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Manufacturing
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Mar 02, 2012
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Jeff Miller
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WWW Intl. Diamond Consultants to Advise Russia's AGD
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Diamond producer Arkhangelskgeoldobycha (AGD), which is currently bringing the Grib diamond pipe near Arkhangelsk in northwestern Russia into production, signed a marketing contract with London based WWW International Diamond Consultants. Under the terms...
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Marketing
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Feb 21, 2012
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Jeff Miller
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