ALROSA Plans Two Auctions of Rough And Polished at Hong Kong FairFebruary 21, 18
(IDEX Online) – ALROSA plans to hold two auctions for the sale of rough and polished diamonds at the Hong Kong International Diamond, Gem & Pearl Show, which is organized by the Hong Kong Trade Development Council (HKTDC) in Hong Kong from February 27 to March 3.
The United Selling Organization (USO) of ALROSA auctions special size rough diamonds over 10.8 carats. The USO will put up 121 gem quality lots with a total weight of 1949 carats for sale. The weight of the largest diamond is 47.08 carats.
The gemstones are mined from the deposits of PJSC ALROSA, and its subsidiaries - JSC Almazy Anabara and PJSC ALROSA-Nyurba.
"Our Hong Kong auctions usually attract customers from major diamond trading centers, including those from the Asia-Pacific. To date, more than 80 companies have been registered to participate in the auction. Taking into account the composition of the participants and the stable demand for our assortment, we expect that the auction will bring us good results," said Yury Okoemov, Deputy CEO of ALROSA.
DIAMONDS ALROSA, the cutting division of ALROSA, will hold an auction for the sale of 87 polished diamonds within the framework of the Hong Kong exhibition. Customers will be offered 63 gemstones of a standard color range and 24 fancy yellow pieces. The total weight of diamonds put up for the auction is 284 carats.
The offered assortment consists of different types of cut: emerald, square emerald, pillow, pear, radiant, heart, oval. The largest diamond, weighing 20.63 carats, has a standard round cut shape.
The polished diamonds were manufactured from rough gemstones mined at the deposits of PJSC ALROSA, and its subsidiaries - PJSC ALROSA-Nyurba and PJSC Severalmaz.
"HKTDC organizes an exhibition, which annually brings together a large number of participants, and today it is one of the best sites in the world for interaction of diamond buyers and sellers. We have invited customers from Hong Kong, China, USA, Belgium, Israel and India, and prepared for them an interesting assortment consisting not only of standard color diamonds, but fancy colors as well," said Pavel Vinikhin, Director of DIAMONDS ALROSA.