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Anglo American cuts dividend as inflation, extreme weather erode earnings
28 Jul 2022 06:21 GMT
… extreme weather, reduced first-half earnings by just over a quarter … could dent commodity demand.
Underlying earnings before interest, tax, depreciation and … sanctions placed top global producer Alrosa (ALRS.MM) off limits. read …
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Alrosa Profit Soars as Focus Turns to Sanctions
02 Mar 2022 18:44 GMT
… after reporting its strongest annual earnings in five years.
Revenue … US imposing punitive measures on Alrosa and its CEO, Sergey … payments through sanctioned banks,” Alrosa said in its results statement … in short supply globally, Alrosa made a slight increase …
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Alrosa and Antwerp Reaffirm Relationship
06 Dec 2021 16:36 GMT
RAPAPORT... Russian miner Alrosa and the Antwerp World Diamond … diamonds.
Sergey Ivanov, CEO of Alrosa, and Ari Epstein, his opposite … is the largest market for Alrosa’s rough, accounting for just … to its most recent earnings report. Of Alrosa’s nearly 60 long …
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Alrosa Ups Production Outlook in Strong Market
11 Nov 2021 14:15 GMT
RAPAPORT... Alrosa has raised its production … said Thursday in its quarterly earnings report. The increase had been … 2019 and 2020, explained Alrosa chief financial officer Alexey Philippovskiy … -pandemic levels, he cautioned.
Alrosa’s revenues jumped 56% year …
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Alrosa Follows De Beers with Price Rise
29 Jul 2021 14:22 GMT
… the fact that it and Alrosa depleted their inventories in the … three months of 2021. Alrosa’s rough-price index surged … reported in recent trading and earnings reports.
The Russian miner’s … a spokesperson added.
Last week, Alrosa bought around 70% of goods …
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Alrosa Lifts Production Forecast as Market Improves
02 Mar 2021 22:26 GMT
… the miner’s full-year earnings. “Not only our company, … our production plans,” noted Alrosa chief financial officer Alexey … behavior accordingly.”
In November, Alrosa gave a more cautious … production level,” Sinitsyn added.
Alrosa’s revenue surged 55% …
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Alrosa Expects October Recovery
16 Aug 2020 11:46 GMT
… ,” Alrosa CEO Sergey Ivanov told analysts during an earnings call … albeit a month later than Alrosa had anticipated, Agureev added … rough and polished diamonds, Alrosa receives income from its … stable,” Agureev elaborated. “Alrosa took a hit, allowing …
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Buyers Snub De Beers and Alrosa over High Prices
29 Jun 2020 16:02 GMT
… earnings for the first half of the year on July 30.
Alrosa … up their statuses as Alrosa contract customers since March, … level of inventories,” an Alrosa spokesperson said. De Beers … following virus outbreaks.
“Most [Alrosa] clients have the same attitude …
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Alrosa sees coronavirus impact lingering after Q1 profit slide
05 Jun 2020 12:02 GMT
… precious stones since March.
Alrosa said its financial results for … quot; Alrosa CFO Alexey Philippovskiy said in a statement.
Earnings before … in the first quarter, Alrosa said.
To reduce expenses … credit facilities, it added.
Alrosa has previously said that …
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Alrosa CEO says virus outbreak affects 2020 sales outlook
11 Mar 2020 12:09 GMT
… will negatively impact on Alrosa’s sales outlook for … published on its website.
Alrosa had given its customers additional … dollar will be increasing our earnings before interest, tax, depreciation … in foreign currency.”
Meanwhile, Alrosa continues to pursue a “ …