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Demand Strong at Alrosa Large-Stone Auction

Proceeds from Vladivostok sale total $14.8 million.
May 7, 2018 4:25 AM   By Rapaport News
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RAPAPORT... Alrosa sold $14.8 million worth of large rough diamonds at an auction in Vladivostok, the Russian miner said last week.

The sale featured 101 special-size stones — those over 10.8 carats — weighing a total of 1,751 carats.

“The auction [produced]…very good results, confirming high demand for this category of rough diamonds,” said Evgeny Agureev, director of the United Selling Organization (USO) Alrosa.

A total of 86 companies from Hong Kong, Belgium, Israel and India attended the auction.

Image: Alrosa
Tags: Alrosa, auction, Evgeny Agureev, Rapaport News, Special-Size Diamonds, United Selling Organization, USO, Vladivostok
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