ALROSA raised $7.6 million in Dubai large diamond sale

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Moscow, 20 June 2019 - ALROSA, the world's largest diamond mining company, sold large diamonds of special sizes (more than 10.8 carats) in its international auction in Dubai.

In the auction, 126 diamonds of gem quality with a total weight of 2,090 carats were sold, including one particularly large stone weighing 63.8 carats mined at the deposits of Almazy Anabara JSC. The total revenue based on the auction results amounted to $7.6 million.

This time, more than 100 companies representing the world's largest diamond trading centers - the United Arab Emirates, India, Belgium, Russia, Israel, Hong Kong and the United States - took part in this event.

"Our international auctions for the sale of large-sized rough diamonds always attract attention of buyers. The auction session in Dubai ended with positive results - both in terms of the number of stones sold and in terms of the number of firms that participated in the event. We see that the ALROSA platform in Dubai continues to evolve and to attract more and more interest", said Evgeny Agureev, Member of the Executive Committee, CEO of ESO ALROSA.

This is the third ALROSA diamond auction in the UAE this year. The previous ones were held in February and April. Also ALROSA plans to organize another one in Dubai in autumn.

This page was last updated on 20 June 2019 at 12.53