Alrosa rakes in almost 10 million at Vladivostok diamond auction

Alrosa, the world's largest diamond miner in volume, said it had generated $9.65 million from the sale of special sized diamonds (+10.8 carats) at its diamond auction in Vladivostok which took place on April 8-19.

Alrosa hosted 29 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia at the auction. A total of 150 diamonds with a total weight of 2481.9 carats were offered for viewing and consequent bidding, with 121 stones (2030,32 carats) sold. The sale included two larger diamonds, weighing 58.92 and 41.48 carats.

"This diamond auction again showed decent results. We selected the stones of good color and quality, and got high revenues about $10 million. This is a good result, and we plan to further develop our sales here," said Evgeny Agureev, member of the Executive Committee, Director of the United Selling Organization of Alrosa.