Russian diamond auction sold for more than $38.4M

Russian company miner ALROSA recently sold US$38.4 million in uncut diamonds during the 24-th international auction on sale of diamonds of the special sizes, organized by the company together with Diamond chamber of the Russian Federation in Moscow. ALROSA is one of the largest diamond-mining companies in the world; about 25% of world extractions is on its share. Prospecting for diamond deposits and producing, cutting and selling diamonds.

131 lots of ALROSA's diamonds have been exposed on the tenders, taken part by Belarus specializing on operations with large diamonds and brilliants. Containing 1,215 diamonds weighing more than 17,000 carats in total were sold. Included in these parcels were 12 diamonds that weighed more than 50 carats each. The biggest diamond offered on auction weighed 229.11 carats.

Representatives of more than 40 companies from Russia and foreign companies from Israel, Belgium, India, the USA, Lebanon. Viewing of the diamonds offered on sale at the next auction, will begin on September, 25th, 2007.

Diamonds and Gemstone Jewelries | Loose Diamonds

Related News: