ALROSA earns $11 mln at rough diamond auction in the US

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New York, November 15, 2019 – ALROSA announces the results of the auction for special size rough diamonds (weighing over 10.8 carats) held in New York. Reviews of rough diamonds took place at the company’s trade representative office ALROSA USA Inc.

The company sold 93 rough diamonds with a total weight of 1,560 carats, and earned $11 million in sales revenue. This is the best result of the last few months. There were 95 participants from the US, Belgium, India, Israel, UAE, Russia and Hong Kong.

“This year’s last auction in the US performed well. We prepared a selection of rough diamonds with high quality and color characteristics, as well as several fancy color stones. The auction traditionally attracted the participants from different countries, including more than 20 companies from the United States,” commented Evgeny Agureev, Deputy CEO of ALROSA.

In 2019, ALROSA held four auctions in the US. The company’s total revenue at the US auctions exceeded $38 million this year.

This page was last updated on 15 November 2019 at 12.50