Russia is one of the world’s top diamond producers,but how exactly are these sparkling gems mined, processed, and sold? In ...

The mine, located in Aykhal, Russia, and run by state-owned company Alrosa, is one of the biggest producers of diamonds, where, according to Rough & Polished, 1.3 million carats are dug out of the ...

Russia produces about ¼ of the world’s diamond output. The largest, and possibly the most well known, location was an opencast mine known as the Mirny Mine, which was over half a mile wide and ...

It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

The diamonds are so small that the mining company that discovered the rock in Russia’s Udachnaya mine decided it would be worth more to science than to the diamond market, according to UPI.

Alrosa mines largest gem-quality diamond in Russian history An amber-colored crystal weighing 468.30 carats and measuring 56x54x22 millimeters was found in Yakutia MOSCOW, May 8. /TASS/.

Russia’s Alrosa has also been scorched by the changes in the diamond market reporting that production last year at its mines in the Yakutia region of Russia declined by 4.6% to 33 million carats ...

MOSCOW, March 18 (Reuters) - Russian diamond producer Alrosa announced on Tuesday that it had decided to temporarily suspend operations at its less profitable deposits. The suspension will affect ...

Russian state-controlled diamond miner Alrosa's 2017 production plans remain unchanged despite an accident at its Mir underground mine in eastern Siberia, it said on Monday.