skip to main content
MOTI ISRAELI
User icon simplified man
News
the israel diamond industry logo

ALROSA SELLS $8.2 MILLION WORTH OF SPECIAL ROUGH AT THE IDE

The sale included 82 gem-quality diamonds with a total weight of 1,422 carats
diamond loupe israel
Credit: 3photographers

In its most recent auction for special size rough diamonds (over 10.8 carats) at the Israel Diamond Exchange, Alrosa sold $8.2 million worth of rough. The sale included 82 gem-quality diamonds with a total weight of 1,422 carats. Companies from Israel, Belgium, India, UAE, Russia, the US and Hong Kong participated in the auction.

 

Russia Alrosa diamond gem
Credit: Alrosa

 

Evgeny Agureev, director of the United Selling Organization ALROSA, commented on the results: “Today, there are still difficulties with demand in the global diamond market. This inevitably affects all participants and sales results. Despite this, the auction in Israel was generally a success”.

 

Underground diamond mining Russia
Credit: Alrosa

 

In the previous tender of polished stones at the IDE, the miner sold $2.2 million worth of polished diamonds. By the end of 2019, Alrosa plans to hold two more auctions for special size diamonds in Israel.



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

More News