Alrosa’s latest auction of special size rough diamonds (weighing over 10.8 carats) at Vladivostok, held on June 18-29, 2018, yielded $17 million from the sale of 121 gem-quality diamonds with a total weight of 2,000 carats.
Companies from Belgium, China, Hong Kong, India, Israel, Russia, the United Arab Emirates and the United States participated in the auction. 36 firms won bids. Until the end of 2018, ALROSA will hold two more auctions in Vladivostok – in September and November.
Evgeny Agureev, Director of the USO ALROSA, commented on the results: “The results of the last auction once again confirm that Vladivostok today is a successfully developing center of the Russian diamond business […] The auction in June concluded with a good premium to the starting price, which was exceeded by 1.8 times”.
