Fyodor Andreev, President of Russian diamond miner Alrosa, has instructed that the diamond giant’s existing corporate development strategy for the period of up to 2015 should be reviewed to take account of the market changes affecting the company’s business.
The key objective of this work should be forming a goal-oriented model of the company’s long-term development, including detailed forecasting of Alrosa’s financial and economic performance, production facilities and available mineral resources after the construction of all of the underground mines is complete.
Alrosa is contemplating a possibility of raising private investments on capital markets, also through placement of exchange-traded securities of Alrosa mining subsidiaries: OJSC Alrosa–Nyurba, OJSC Severalmaz and OJSC Alrosa-Africa, and by using OTC instruments.
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