Alrosa, the Russian diamond giant, expands into gold with a $276 million acquisition.
The transaction, which Alrosa and Polyus disclosed on Monday, represents the world’s largest diamond producer’s daring entry into the gold mining sector. Almazy Anabara, an Alrosa subsidiary, has bought the Degdekan gold mining deposit in the Magadan region, according to Russia’s Interfax news agency. The $276 million transaction demonstrates Alrosa‘s commitment to improving its financial […]
Alrosa, the Russian diamond giant, expands into gold with a $276 million acquisition. Read More »









