16 December 2017
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ALROSA’S NOVEMBER FANCY COLORED DIAMONDS AUCTION REVENUE: $1.2M
23 November 2017
Russian diamond mining company Alrosa reports that its cutting and polishing division, Alrosa Diamonds, held an auction of fancy colored diamonds in Israel this November. All 262 polished fancy colored diamonds, with a combined weight of 209.34 carats, were sold for a total of US$1.209 million.

Among the fancy colored diamonds offered at the auction were 15 rare pink diamonds weighing 15.31 carats.

Also offered at the November auction were nine colorless diamonds with the total weight of 28.8 carats. Alrosa reports that all the stones were sold, for a total of US$347,500.

All the auctioned gemstones were manufactured from rough diamonds mined from the deposits of PJSC ALROSA, and its subsidiaries - Almazy Anabara and Nizhne-Lenskoye.

Commenting on the auction, Diamonds Alrosa Director Pavel Vinikhin says, "The auction attracted 85 firms and Israeli clients were in the majority. Companies from Belgium, the USA and China were also the participants of the auction."

Continues Vinikhin: "Fancy colored polished diamonds represented the main assortment of our November tender. Such pieces are always in great demand among our clients, especially the rare pink ones."
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