A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled ...

An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC.

Angola's mineral resources minister Diamantino Azevedo announced the sale on Thursday (28 November). He said Alrosa "will no ...

(IDEX Online) - Alrosa is to sell a batch of rough diamonds, among them a 390.7-carat stone, to the Gokhran as it battles ...

Alexei Moiseev, Russia’s deputy finance minister, told Russian media last month that Alrosa was ready to exit Angola, but it would not sell its stake in Catoca to Anglo American-owned De Beers, the ...

A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled diamond miner Catoca, an Angolan official said on Thursday. Angola has been ...

Oman’s Maaden International Investment has acquired a 41 percent share in Angolan diamond miner Catoca from Russia’s Alrosa. Diamantino Azevedo, Angola’s minister of mineral resources, oil and gas, ...

Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.

Alrosa will reduce production at its less profitable diamond deposits next year due to the challenges currently facing the ...