19 Sep 2018
DiamondWorld Directory
Home |
Alrosa keen to venture into gold assets
Talks to acquire 25% of Polyus Gold
By: Diamond World News Service
Aug 11 2007 12:00AM
Reference: 1120  


An Alrosa-led consortium is likely to negotiate for a 25 percent stake worth $2.1 billion in Polyus Gold, Russia’s biggest gold producer. Alrosa would acquire the stake from Onexim Group, the holding company of Russian billionaire Mikhail Prokhorov.

According to the Russian Finance Minister Alexey Kudrin, who is also Alrosa’s supervisory board chairman, Alrosa’s intent to acquire stake in Polyus Gold was yet in the initial phase although Alrosa is keen on venturing into the gold and energy sectors.
“Alrosa is interested in various assets in the extraction industry, not only diamonds,” It is premature to speak of an agreement over Polyus. We are looking at the possibility of taking part in gold assets".

Alrosa may also vest interest in merging with Norilsk Nickel, the world’s largest nickel producer, in whose holding company the $33 billion Interros, Prokhorov and his business partner Vladimor Potanin are co-owners.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
HouseAd_Trade Fair
Search News by City
Kosher 23460
Kosher 23460
Recent Issue
Kosher 23460
News in Pictures
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
Spotted: Who Wore What (July 2018)
Pictures: 5
Spotted: Who Wore What (19th to 30th June 2018)
Pictures: 11
JCK Las Vegas 2018
Pictures: 42
Carat+ 2018
Pictures: 20
Talk of Town - Trillion Cut Diamonds
Pictures: 18
#Cannes2018 Celebs Spotted; Who Wore What? (14th to 20th May)
Pictures: 12
Celebs Spotted: Who Wore What? (7th to 13th May)
Pictures: 13
Celeb Spotting (23rd to 29th Apr): Who Wore What?
Pictures: 3
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 11632
GJEPC Chairman Interview
Views: 10793
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 17306
Promo for IJ Awards 2012 at NDTV Profit
Views: 28804
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 31788
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 8934
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 30261
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 28967
Member of:
Supporter of: