ALROSA RAKES IN $9.5 MILLION FROM SPECIAL ROUGH SALE IN DUBAI
Last week, Russian miner Alrosa reported that it had raked in $9.5 million from the sale of 141 special size (over 10.8 carats) rough diamond in an auction in Dubai.
The company sold 141 rough diamonds weighing a total of 2,140 carats. Firms from India, Belgium, UAE, Israel, Hong Kong and Russia participated in the auction, and 28 companies won bids during the sale.
Evgeny Agureev, Director of the USO ALROSA, said: “Dubai continues to strengthen the status of one of the most important centers of the global diamond trade. On average, we have four auctions a year in this country, and we always see high interest from the diamond market participants. All the auctions that we have held here since the beginning of 2018 ended with a good premium, our total revenue was about $40 million”.