Alrosa Holds Biggest Ever Online Auction
May 27, 20
(IDEX Online) - Alrosa is holding is biggest ever online auction, listing over 800 rough diamonds, as coronavirus restrictions continue.
The state-owned Russian miner is providing 3D scans showing each rough diamond's external shape, internal inclusions, anticipated color and fluorescence.
It has been holding pilot digital tenders with a small number of stones since October 2019, but has responded to the COVID-19 pandemic by making many more diamonds available.
Alrosa's long-term customers will be bidding on rough diamonds from batches between five and 10 carats.
"Our proficiency in digital tenders allows us to offer clients a unique opportunity to make a commercial decision remotely instead of a traditional visit to the office, providing them with all information required," said Evgeny Agureev, deputy CEO.
Pic of rough diamonds, courtesy Alrosa