Alrosa maintains its initial production forecast of 34-35 million carats for 2022, company head Sergei Ivanov said. There's still good demand in the diamond market, as well as many new clients willing to take the places of those who left, he added. In addition, Alrosa is not giving up the project to restore the Mir mine.

RapNet, the world's largest diamond trading platform, has banned the sale of gemstones from Russia on its site. The ban applies to all diamonds received from Russia after Feb. 24, 2022, and includes diamonds manufactured outside of Russia from Russian rough diamonds. The restrictions also apply to diamonds received from companies that are 50% or more owned b...

Alrosa Company announced the abandonment of the moratorium on bankruptcy. Russian Government on April 1 introduced a six-month moratorium on initiation of bankruptcy proceedings at the request of creditors against legal entities, individual entrepreneurs and citizens. Waiver of the moratorium will allow the company to retain the right to pay dividends or car...

Alrosa has temporarily suspended the publication of its quarterly financial and operating results. The decision was taken due to the fact that some shareholders are not able to make investment decisions. Earlier the company also suspended publication of data on monthly sales of rough and polished diamonds.