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 supervisory board to hold meeting on dividend payments for 2023

09 april 2024

The supervisory board of the Russian diamond mining company ALROSA will hold a meeting on April 12 at which it will consider the distribution of dividends for 2023, TASS reports citing the company's representatives.

Also on the meeting agenda are questions about the preliminary approval of the annual report, the approval of the list of candidates for voting for elections to the company’s supervisory board and the convening of the annual meeting of shareholders.

Based on the results of the first half of 2023, the company paid dividends in the amount of 3.77 rubles per share. ALROSA’s profit according to IFRS amounted to 85.1 billion rubles in 2023.

Earlier, an informed source familiar with the company told Rough&Polished that the Gokhran of Russia has been purchasing diamonds from ALROSA since the beginning of 2024. According to him, the corresponding agreement between the diamond miner and the Russian Ministry of Finance was reached in December last year due to sanctions imposed by the EU and the Group of Seven (G7) countries against Russian diamonds.

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