Headline: Alrosa seeks funds to unfreeze god’s treasury Source: Euromoney Date: October 2001 Author: Ben Aris Alrosa is by far the biggest gem diamond producer in Russia and supplies about 20% of world production. Now it is seeking new funding to develop its existing mines, open up new prospects in Russia and Africa, and expand the production of cut diamonds.
The Sakha Autonomous Republic (better known to the players of the board game Risk as Yakutiya) is the one of the coldest places in the world, with temperatures in the winter – about 10 months of the year – plunging to around minus 70°C. |