ALROSA
A 2,500-carat diamond was found, valued at $90 million
A few days ago, 52-year-old Lucas Ncipe, assistant general manager of the Canadian diamond mining company Lucara, received a phone call from one of his engineers working at the Karowe mine in Botswana. “We found something incredible,” was the phrase he heard. He almost dropped the phone when he realized what it was about: the second-largest diamond in the world, weighing 2,492 carats.
Russia chooses domestic investment banks to organize privatizations
Russia's Economy Ministry has chosen three domestic investment banks to organize the privatization of large state companies this year, it said on April 4.
It chose VTB Capital to arrange the privatization of oil company Bashneft, Sberbank CIB for the privatization of diamond miner Alrosa and Renaissance Broker for the privatization of VTB Bank, it said in a statement.