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Alrosa keywords: Alrosa
Tuesday, Jul 13 2010 5:39AM Diamond news agency,
Simona Kogan
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The 34th Annual World Diamond Congress Begins In Moscow The World Federation of Diamond Bourses and the International Diamond Manufacturers came together for a ceremony to mark the opening of the 34th World Diamond Congress in Moscow with special guests of honor that included Russia's Deputy Prime Minister and Minister of Finance Alexei Kudrin and President of Alrosa Fyodor Andreev
WFDB president Avi Paz said that the diamond industry is hanging in there despite the effects of the worldwide economic crisis but that the industry will always take challenges in stride He remarked that their purpose continues to be to sustain the viability and stability of rough supplies as well as to continue manufacturing and marketing polished diamonds
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Bank Opens $100M Credit Facility for ALROSA
Friday, Apr 3 2009 12:32AM Rapaport - News,
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Bank Opens $100M Credit Facility for ALROSA (RAPAPORT) World News Connection VTB a leading Russian bank has opened a credit facility of $100 million for diamond miner ALROSA for working capital ALROSA said in statement ALROSA's supervisory board approved the deal on February 16 2009 and the deal was closed on March 19
ALROSA would not comment on the information and VTB was not immediately available to comment VTB pro
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Alrosa Gets $100 Million Credit Facility
Thursday, Apr 2 2009 1:14AM IDEX Online - Mining And Exploration,
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Alrosa Gets $100 Million Credit Facility Russian diamond monopoly Alrosa got a credit facility of $100 million from Russian bank VTB the diamond miner told the Interfax news agency
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Alrosa acting to form investment diamond market
Sunday, Mar 22 2009 10:10PM National Jeweler Network - Diamond News,
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Alrosa acting to form investment diamond market Moscow--Russian diamond monopoly Alrosa is a step closer to forming a market for investing in diamonds after it has signed an agreement with asset management company Leader to create an infrastructure for trading in such diamonds
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Can Alrosa “Survive” its Government’s Bailout?
Thursday, Feb 5 2009 7:00AM IDEX Online - Memo by Chaim Even-Zohar,
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Can Alrosa “Survive” its Government’s Bailout In the current crisis environment in which every rough diamond carat supplied to the market may be one carat too many Alrosa is perceived to be acting responsibly and admirably by taking itself “out of the market” and instead selling its current output to the federal government’s Gokhran precious stones and metals depository
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VTB Sells 10% Stake in ALROSA for $377M
Tuesday, Jul 15 2008 5:03AM Jewelry News,
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VTB Sells 10% Stake in ALROSA for $377M VTB Russia’s second largest bank sold its 1063 percent stake in ALROSA for RUB 87 billion ($37687 million) VTB announced The bank said it disposed of its holding of 21253 shares as part of an agreement with the Federal Property Management Agency (Rosimushchestvo) The deal is expected to close in the third quarter of 2008
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Price for Diamonds Going Sky High
Wednesday, Apr 16 2008 5:30PM Rare Colored Diamonds,
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Price for Diamonds Going Sky High As posted on Rapaport by The Toronto Star
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Price for Diamonds Will Hit 'Unprecedented Levels' Due to Emerging Markets
RAPAPORT (Toronto Star) Putting off popping the big question until you find the right price for a diamond ring You might want to get moving
Diamond prices may soon be their highest ever industry experts say thanks to growing demand from new markets boosting the cost of that engagement ring as much as 10 percent
"If you are actively involved in the production and sales of diamonds the future looks extremely bright" James Allan a diamond analyst for South Africa finance group Allan Hochreiter told a diamond mining conference in Sydney Australia yesterday
At another meeting in Antwerp Belgium the president of Russia's ALROSA said diamond prices will rise to "unprecedented levels" as demand outpaces production
"For the first time the market faces a growing deficit of roug
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