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Alrosa Sells $9.8 Million of Rough in Israel, Citing “Continuing Demand”

Alrosa: “Our results in November indicate the continuing demand for high quality goods”
Rough Diamonds
Credit: Alrosa

In November, Russian diamond mining giant Alrosa held rough diamond sales in Israel, Belgium and Dubai. 

 

diamond loupe israel
Credit: 3photographers

 

At the special size diamond auction in Israel, Alrosa sold 112 lots weighing 1,850 carats for a total of $9.8 million. In Dubai, it sold 135 lots weighing 2,088 carats for $14.5 million. In addition, Alrosa collected competitive bids for fancy colored rough in Israel and Belgium, selling 64% of 130 lots weighing 8,200 carats.

 

Mirny Diamonds
Credit: Alrosa

 

Evgeny Agureev, Deputy CEO of Alrosa, commented: “Our competitive sales results in November indicate the continuing demand for high quality goods, which started rebounding in summer and lasted through the first Autumn months. Additionally […] customers showed strong interest in colored as well as special size diamonds. We have signed more than 90 contracts with buyers from Belgium, Israel, India, UAE and Russia […]”.



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