Diamond miners face turning point amid weak prices — report
McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.
Alrosa announces new agreement with Russian state diamond fund
The fund will receive the new diamonds by the end…
Rusal to cut aluminum output by 6%
Rusal said disruption to bauxite supplies from Guinea and Brazil…
Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion…
Alrosa plans production cuts and staff reduction for 2025
The miner may cut its labor costs by 10%, which…
