Alrosa to Expand Rough Auctions in Israel in 2013
December 04, 12 by IDEX Online Staff Reporter
(IDEX Online News) – Russian diamond miner Alrosa will expand its sales activity in Israel over the coming year, according to the Israel Diamond Exchange (IDE). The miner is expected to hold several auctions for rough diamonds larger than 10.8 carats, known as specials, in Ramat Gan.
Alrosa held two specials auctions in Israel in 2012.
"We're very pleased with Alrosa's decision to auction more rough in Israel,” said IDE president Yair Sahar.
“It offers further proof of Israel's wide ranging expertise and versatility in diamond manufacturing and trading. We look forward to strengthening our industry's relationship with Alrosa further."
