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WP_Post Object ( [ID] => 16252 [post_author] => 34 [post_date] => 2019-03-24 12:00:00 [post_date_gmt] => 2019-03-24 12:00:00 [post_content] => Russian mining giant Alrosa held two auctions of rough and polished diamonds at the Hong Kong International Diamond, Gem & Pearl Show earlier this month. At the rough auction, the miner sold 101 Specials (over +10.8 carats) with the total weight of 1,829 carats, and raked in a total of $10.5 million.  
Diamond testing Hong Kong
Credit: Iris Hortman
  At the polished diamond auction, the company sold 56 stones with a total weight of almost 300 carats, most of them fancy colored diamonds. The auction totaled $4.1 million, and featured two cushion cut fancy yellow diamonds, weighing 31 and 30 carats, sold for $815,000.  
Mirny Diamonds
Credit: Alrosa
  Evgeny Agureev, Director of the United Selling Organization at Alrosa, remarked that “considering the positive results of the [rough] auction, we can note that the demand for diamonds of the size category exceeding 10.8 carats remains stable”. Regarding the polished diamond auction, Agureev noted that “[...] once again [we] became convinced that there is a strong interest in fancy colored diamonds, which are especially highly valued in this market today, among the participants of jewelry industry”. [post_title] => ALROSA SELLS $10.5 MILLION WORTH OF ROUGH IN HONG KONG [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => alrosa-hong-kong-2 [to_ping] => [pinged] => [post_modified] => 2019-03-23 17:46:09 [post_modified_gmt] => 2019-03-23 17:46:09 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )