ALROSA informs on the situation regarding the next coupon payment under Eurobond 2027

PJSC ALROSA (the Company) provides the following update on the coupon payment of $7,750,000 due 25 June 2022 on $500,000,000 Eurobonds issued by Alrosa Finance S.A. (Luxembourg) (the Issuer) and maturing in 2027.

Yesterday

Pandora casts out its net in Portugal

Pandora takes over 34 locations from its distributor Visão do Tempo to assume full ownership of its Portuguese business.

Yesterday

Zero VAT will turn diamonds into yet another investment vehicle within Russia

According to media reports from the Cheboksary Economic Forum, Deputy Finance Minister Alexei Moiseev, who is attending the forum, said that the government of the Russian Federation approved the introduction of a zero VAT rate on rough and polished diamonds...

Yesterday

Russian gold arrives in Switzerland

In May, Switzerland imported a cargo of gold from Russia for the first time since Russia launched a special military operation in Ukraine, which is evident from the published Swiss customs data, according to a report by Reuters.

Yesterday

WDC President calls on the KP to move forward or risk a two-tier market with dire consequences

Highlighting the proven ability of natural diamond resources to serve as a driver for the development of sustainable economies and societies, World Diamond Council President Edward Asscher warned that this potential is threatened if the Kimberley Process...

23 june 2022

New Realities: State of the Diamond Industry

22 june 2022

(diamonds.net) - The diamond industry is undergoing fundamental disruption as political, economic and social forces break the supply chain, reduce demand, and shift consumer attitudes. We are heading into a perfect storm with new realities, challenges, and opportunities. Much of the change is external, beyond our control, sudden and shocking. Other changes have been building for a long time and are now activated due to the Russian invasion and sanctions. So much is happening at once that it is difficult to process the consequences. The situation is confusing and creating great uncertainty about the future. What will happen? What should you do?