Alrosa, AK
Since 1992
Russia
Siberian Federal District of the Russian Federation
Central Federal District of the Russian Federation
Top managers:
Marinychev Pavel Alekseevich
Owners:
Federal Agency for State Property Management (Federal Property Management Agency) - 33%
Ministry of Land and Property Relations of the Republic of Sakha (Yakutia) - 25%
8 uluses (districts) of the Republic of Sakha (Yakutia) - 8% in free circulation - 34%
data at the end of 2023.
Alrosa is the world's largest diamond mining company, accounting for more than a quarter of the world's diamond production as of 2025.
Alros financials
Main article: Alros' financial performance
Digitalization
Main article: Information technology in Alrosa
History
2025
FSB detained those involved in the theft of diamonds in ALROSA and their smuggling to Armenia
In June 2025, in Moscow, FSB officers, together with the UK, detained ALROSA employee Valentina Matyushchenkova and her son Alexei for systematic theft of diamond raw materials and replacing it with cheaper ones for smuggling to Armenia. They tried to take out another batch worth more than 1.7 million rubles. The thefts are believed to have been carried out since September 2024.
Together with them, Armenian citizens Armen Petrosyan and Arman Sahakyan, who organized smuggling channels, were detained. Cases were initiated under articles on the illegal circulation of precious metals and theft on an especially large scale. For more details see Diamonds (Russian market).
Withdrawal from the 4th field project in terms of the volume of deposits and production of Katoka diamonds in Angola
Taadeen Inc. (the structure of the sovereign fund of Oman) now owns the share of AK Alrosa in the Katoka project in Angola - the world's fourth diamond deposit in terms of deposits and diamond production. Alrosa was its founder together with the Angolan state-owned company Endiama. Information about this in June 2025 is given on the Katoki website, which specifies that the state-owned company Endiama remained the controlling shareholder (59%), the share of 41% is with Taadeen Inc. Read more here
Sale of the sanatorium "Promete" in the Krasnodar Territory to Azimut Hotels
At the end of May 2025, it became known that the Azimut Hotels hotel chain acquired control over the Promete health complex in the Krasnodar Territory, previously owned by the Alrosa diamond mining company. The sanatorium's revenue in 2024 amounted to ₽414,4 million with a net profit of ₽42,8 million. Experts estimate the market value of the facility at ₽2 billion. Read more here
Completion of work on the cutting of the largest diamond in the history of Russia
In April 2025, Alrosa completed work on cutting the largest diamond in history. Russia The weight of the unique diamond of the rare fantasy color Vivid Yellow is more than 100 carats.
The diamond was called the "New Sun" - as a reflection of the history of a super-large diamond weighing more than 200 carats of saturated honey-golden color, which was mined at the Arctic placer deposit Ebelya. A team of 15 best specialists in the country worked on the creation of the "New Sun," with more than 30 years of experience.[1]
2024
Bankruptcy of the Belgian "daughter"
At the end of August 2024, the representative office of the Russian diamond mining company Alrosa in Belgium - Alrosa Belgium - declared bankruptcy and closed. This step was taken in connection with the expansion of European sanctions against Alrosa.
 | The board takes into account the possible impact of future sanctions, which could lead to significant uncertainty regarding further activities, Alrosa Belgium said in its financial report. |  |
Purchase from Polyus of the Degdekanskoye field for $100 million
The diamond mining company ALROSA acquired the Degdekan gold deposit from Polyus for an amount estimated by experts at $100 million. The transaction, which became known on July 1, 2024, was made through the subsidiary "ALROSA" - "Diamonds Anabar." Read more here.
2023
The EU has included Alrosa and its general director Pavel Marinichev in the sanctions list
Main article: EU sanctions against Russia
In January 2024 EU , he included the Russian company Alrosa, the world's largest in terms of diamond production, and its general director Pavel Marinichev on the sanctions list in response to the ongoing special operation Russia on. To Ukraine
The inclusion announced on January 3 is part of the G7 ban on imports of Russian diamonds, which entered into force on January 1. The ban does not apply to Russian diamonds processed in third countries, but this exception will be gradually lifted by September 1 this year.
By including Alrosa and its head in the list, the EU seeks to "deprive Russia of this important source of income," wrote EU Foreign Minister Josep Borrell. Alrosa's assets in the block will be frozen along with those of its head, who will also be subject to a travel ban.
A unique diamond weighing 390.7 carats was found at the Mayat mine
In September 2023, the Russian diamond giant Alrosa found the largest jewelry stone mined in Russia over the past decade.
The combination of mass, shape and colour makes the stone unique, "it said. A stone weighing 390.7 carats was found at the Mayat mine in Yakutia.
Construction of a mine with 173.5 million carats of diamond reserves
Alrosa has begun construction of the Mir-Gluboky mine facilities in the Mirninsky district of Yakutia. The press service of the regional government announced this on September 4, 2023. Read more here.
Appointment of Pavel Marinychev as CEO
In mid-May 2023, it became known about the appointment of Pavel Marinychev as the new general director of Alrosa instead of Sergei Ivanov. Ivanov's new place of work is unknown, but the company says that he will continue to work on its supervisory board. Read more here.
2020
Anton Siluanov re-elected head of the Supervisory Board
In July 2020, the Supervisory Board of AK Alrosa again elected the head of the Ministry of Finance of the Russian Federation Anton Siluanov as its chairman.
Investigation into the theft of diamonds worth 300 million rubles
Investigators have finished investigating a high-profile diamond theft case. Elena Kanunnikova, chief specialist of the world's largest diamond producer Alrosa, has been wearing 300 million rubles worth of diamonds in underpants since 2006.
The woman went with full panties of diamonds to the territory of the enterprise and back. She carried cheap stones of small size to the warehouse, and replaced them back with larger and more expensive diamonds.
The woman was detained on June 6, 2019 by FSB officers when she carried another batch of diamonds worth 22 million rubles into her underwear.
In addition to the lady in the case, there are five defendants, two of whom fully admitted their guilt and entered into pre-trial agreements with the prosecutor on cooperation, within the framework of which they testified against accomplices. Kanunnikova, her friend Vladimir Tabidze and the unemployed Vladimir Gordinsky do not admit guilt.
During searches in the apartments of the accused, officers of the TFR and the FSB found about 500 unprocessed natural diamonds with a total weight of more than 2 thousand carats and 11 diamonds for a total amount of more than $3 million, as well as more than $2 million and €500 thousand, already earned for the stolen. In addition, jewelry products of well-known world brands were found, including more than 30 watches encrusted with diamonds, in which, according to investigators, attackers may have invested money received from the sale of diamonds.
Two-tube production halt as prices collapse
In May 2020, it became known that Alrosa will suspend production on two pipes due to the collapse of global demand for diamonds of the coronavirus pandemic.
Alrosa, the world's largest carat diamond miner, decided to stop work from May 15 to September at the Aihal mine and until the end of the year at the Zarya quarry.
The global quarantine due to the pandemic brought down Alrosa's March sales 2.2 times by February to $152.8 million and 2.5 times by March last year.
2019: Project in Zimbabwe
Key projects of Russian-Zimbabwean cooperation are the development of one of the world's largest metal deposits of the Darvendale platinum group near Harare and the activities of AK Alrosa unfolding in several areas of Zimbabwe.
Based on the intergovernmental agreement of 2014, the joint venture with the participation of the Russian investment and industrial group Vi Holding is engaged in the development of the field. The construction of a mining and processing complex is planned.
Alrosa began work in Zimbabwe to develop the highest-level agreements reached during an official visit to Moscow in January 2019 by President Emmerson Mnangagwa. In June [established] together with the National Diamond Mining Company of Zimbabwe JV to develop diamond deposits.
2018
In 2018, the Company produced 36.7 million carats of diamond raw materials, revenue from sales of diamond and diamond products in 2018 amounted to $4.5 billion.
2017
- ALROSA Group increased diamond production in 2017 by 6% to 39.6 million carats.
- Sales of the group's diamonds in 2017 increased by 2.7% to 41.2 million carats from 40.1 million carats in 2016.
- Revenue from diamond sales amounted to $4.2 billion, revenue from the sale of diamonds - $96.9 million.
The volume of total diamond reserves, taking into account exploration deposits in accordance with the GKZ standards, increased by 57.8 million carats over the year (excluding the repayment of reserves). As of January 1, 2018, it amounted to 1.182 billion carats,[2] group reported[2]
In 2017, ALROSA allocated a total of almost 8 billion rubles for exploration and exploration work.
In 2017, ALROSA and its subsidiaries carried out geological exploration work in the Republic of Sakha (Yakutia), in the Arkhangelsk Region and Angola (Kvango concession).
In Russia, exploration work was focused in the 8 most promising areas, 7 of which are located in Yakutia. In particular, ALROSA was searching for diamond-bearing kimberlites in the southern regions of Western Yakutia, assessing work on the Syuldyukarskaya tube, on placers of the Srednemarkhinsky and Malobotuobinsky districts.
The increase in reserves is associated with the exploration and assessment of the deep horizons of the Internatsionalnaya tube (in the depth interval of 1190-1650 m), the calculation of the reserves of the deep horizons of the Yubileinaya tube (to the horizon of -680 m), as well as the completion of assessment work on the 3rd stage of the buried placer Nyurbinskaya.
1992: Creation of AK "Alrosa"
AK "ALROSA" was created in accordance with the Decree of the President of the Russian Federation "On the formation of the joint-stock company" Diamonds of Russia - Sakha "" dated February 19, 1992 No. 158S.
ALROSA is the successor to those included in its composition:
- enterprises, organizations and other divisions of PNO Yakutalmaz (a former Soviet state diamond mining company);
- parts of the divisions of the Committee on Precious Metals and Precious Stones under the Ministry of Finance of the Russian Federation (which were engaged in sorting, preparation for sending and sending diamonds);
- V/O "Almazyuvelirexport."
Notes
- ↑ ALROSA cut the largest diamond in the history of Russia
- ↑ 2,0 2,1 [http://www.vestifinance.ru/articles/98590 the ALROSA Diamond Reserves
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