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ALROSA RAKES IN $8.8 MILLION FROM SPECIAL ROUGH AUCTION IN NYC

Alrosa sold 101 gem-quality diamonds with a total weight of 1,550 carats
alrosa rough diamonds russia
Credit: Alrosa

Russian mining giant Alrosa held an international auction for special-size rough diamonds (+10.8) carats in New York recently, raking in a total of $ 8.8 million. The miner plans to hold two more diamond auctions in the US during 2019.

 

Underground diamond mining Russia
Credit: Alrosa

 

Alrosa sold 101 gem-quality diamonds with a total weight of 1,550 carats during the auction. The company said that about 90 companies from the US, Israel, India, Belgium, the UAE, Russia and Hong Kong participated in the auction.

 

Diamond Sorting
Credit: Alrosa

 

Evgeny Agureev, director of the United Selling Organization Alrosa, said that the miner’s auction in the US “keep bringing in new clients, first of all companies from the US market, more than 20 participants were American companies”. According to Agureev, “the assortment consisted of standard color rough diamonds, most of them were sold at a good premium to their opening price. We are happy with the operational dynamics of our US platform”.



Tags: Diamonds News, Diamond Industry News, Alrosa News, Diamond Prices News

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