Alrosa US Chief Leaves Role at Diamonds Do Good

By Rapaport News / March 08, 2022 / www.diamonds.net / Article Link

RAPAPORT... The head of Alrosa's American operations has resigned as president and board member at Diamonds Do Good (DDG) amid the continued war between Russia and Ukraine.Rebecca Foerster, who is president of Alrosa USA, has agreed to stand down from her DDG roles immediately, the nonprofit organization said Monday. Anna Martin, DDG's previous president, will succeed her.Alrosa was one of many Russian companies the US targeted with sanctions following the invasion of Ukraine last month.The DDG board said it was grateful to Foerster for her commitment to the organization and its beneficiaries and for "always putting its mission first.""I look forward to continuing the good work of Diamonds Do Good, which has never been more important than it is today," Martin added.DDG, formerly the Diamond Empowerment Fund (DEF), was founded in 2007 to develop diamond communities and generate positive stories about the industry."Alrosa's approach towards responsible business practices is unchanging, and the company is fully committed [to] continue operating in accordance with the highest industry standards," a spokeperson for the Russian miner said. "Therefore, Alrosa stays dedicated to the values of [DDG] and will continue supporting the organization in the future."Image: Rebecca Foerster. (Alrosa)

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok