Non-fueled minerals extraction

Russian diamond miner Alrosa expects its first-quarter sales to be down 6% at $1.25-billion compared with a year ago, the state-controlled company said in a presentation for its investor day on Wednesday, miningweekly.com noted.

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, announces its results for the year ended 31 December 2016

PJSC ALROSA, the global leader in rough diamond production, reports FY 2016 IFRS results. ALROSA’s 2016 revenue increased by 41% y-o-y and totaled RUB 317.1 bn. EBITDA grew by 49% y-o-y to RUB 176.4 bn, with EBITDA margin totaled 56%

Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports launching a new longwall at V.I. Lenina Underground Mine which is part of Southern Kuzbass Coal Company.

Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports launching open coal mining at Dzhebariki-Khaya open pit in Yakutia. The deposit is worked by Yakutugol Holding Company AO, which is part of Mechel Group.

ALROSA is planning to launch marketing programs promoting Russian-mined diamonds, chief executive officer Andrey Zharkov said Monday.

KAZ Minerals has produced its first saleable copper concentrate from sulphide ore at the Aktogay project

Market News alert Lucapa Diamond Company Limited

Public Joint Stock Company ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for January 2017.

Rio Tinto has decided to gift the Bunder diamond project in India to the Government of Madhya Pradesh after a comprehensive review.

ALROSA’s 2016 diamond production totalled 37.4 million carats, down by 2% year-on-year as a result of a downward revision in production plans for the alluvial deposits in Q2 and Q3 2016, which is in line with the diamond market environment after 2015.

Based on the results of the estimation in accordance with the JORC code conducted by Micon, an independent expert, ALROSA’s resources totalled 1,030 million carats, while its reserves amounted to 653 million carats.

PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for December 2016 and interim results for 2016. Rough diamond sales by ALROSA Group in December 2016 amounted to USD 173 million.