Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

ALROSA's supervisory board issues recommendation to pay dividends for H1 2023

29 august 2023

On August 26, the supervisory board of ALROSA issued a recommendation to pay interim dividends for the first half of 2023, the company's press service reports.

ALROSA's profit (according to IFRS) for the first half of the year amounted to 55.57 billion rubles ($581 million). In accordance with the current dividend policy of the company, 50% of its profit is allocated as dividend payments. The total amount of dividend payment attributable to shareholders in the first half of 2023 is 27.77 billion rubles, or 3.77 rubles per share.

In May 2023, the supervisory board of ALROSA issued a recommendation before the general shareholders meeting not to pay final dividends for 2022. Taking into account external factors of uncertainty, such a decision helped increase the financial stability of the company, ALROSA notes.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished