The agreement continues positive cooperation experience between the parties and expands bilateral interaction in line with new challenges of the market.
ALROSA made an early repayment of a USD 250 million loan from Rosbank and a USD 200 million portion of the existing Raiffeisenbank loan, both raised in December 2017, reducing its debt by more than 27% to USD 1.17 billion.
Total diamond reserves, taking into account the explored deposits under the National Reserves Committee standards, increased by 57.8 million carats during the year.
A young man from Moscow has become a winner. His name and the idea will remain a secret not to ruin the surprise for his dearie. He will receive a diamond ring as a reward to translate the wish into reality. ALROSA plans to follow the developments and shoot a video based on the winner's script with participation of real characters.
The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds.
Jim Vimadalal holds a degree Bachelor of Commerce from the Bombay University and a postgraduate degree in business management from the Welingkar Institute of Management.
Alrosa took stock of the international auction for special-size rough diamonds weighing 10.8 carats and more, held on the territory of the Eurasian Diamond Centre (The EDC) in Vladivostok.