Alrosa Maintains Zero-Buyout for Seventh Month

By John Jeffay / January 20, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Alrosa says it is maintaining a zero-buyout obligation at its current training period, despite the recovery in midstream demand.The Russian state-owned miner sold $521m of rough and polished in December - the highest figure for over two years - but says it remains committed to the "long-term health and stability" of the industry.It's the seventh consecutive month that Alrosa has offered a zero-buyout to its long-term clients, allowing them to "request and purchase diamonds according to their real needs".The January trading session began last Friday (15 Jan)."In order to support the market balance and its sustainability, we continue to offer the maximum flexibility to our customers in January," said Evgeny Agureev, Alrosa's deputy CEO (pictured)."We expect that in the first quarter, given the current global market conditions, demand for diamonds will remain solid. This period is especially important, as we are transitioning to another new three-year contract period." 

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok