GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

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Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

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30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

ALROSA Board proposed dividend payments for 2013

25 april 2014

On April 24, the Supervisory Board of ALROSA considered the agenda for the Company’s Annual General Meeting of Shareholders. The Board approved among other issues the recommended amount of dividend payments for 2013, which may rise 32% as compared to 2012, according to a press release distributed by the Company and received by Rough&Polished.
The company’s Supervisory Board approved recommendations on profit distribution. In 2013, ALROSA’s net profit totaled RUB 31.837 billion (calculated under IFRS) including RUB 30.917 billion of profit attributable to owners of OJSC ALROSA. In accordance with the Company’s dividend policy, ALROSA spends at least 35% of IFRS annual net profit for dividends.
The Board recommended the shareholders to vote for spending RUB 10.826 billion of net profit for dividend payments for 2013. The recommended amount will be higher than dividends paid in 2012 RUB by 2.651 billion or 32%. The dividend amount per one ordinary share of nominal value RUB 0.50 each may total RUB 1.47.
The remaining part of net profit is expected to be spent on capital expenditures budgeted for 2014.
The Supervisory Board of ALROSA decided to hold an annual shareholders meeting on June 28. Besides dividends, the agenda of the meeting will also include a number of regular issues, such as approval of ALROSA’s annual report and financials, elections to the Supervisory Board and the Audit Commission, as well as approval of amendments to the Charter of OJSC ALROSA. The company’s shareholders will also approve the new editions of the following documents: Regulations on the Procedure of General Meetings of Shareholders, Regulations on Supervisory Board, Regulations on Activities of the Auditing Committee and Regulations on Remuneration to Members of the Supervisory Board.
The meeting also reviewed other issues relating to the Company’s current operations.
ALROSA Group is a group of Russian diamond mining companies, the world's largest producer of diamonds in terms of carats. ALROSA Group is engaged in the exploration, production and sale of diamonds. The Group is mining diamonds in the Republic of Sakha (Yakutia) and in the Arkhangelsk Region. The Group produced 36.9 million carats of diamonds earning RUB 168.5 billion in 2013.