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Sells 64% of total fancy colored rough lots Also sold 247 lots of special size diamond   Alrosa in November successfully held competitive rough diamond sales in its foreign offices. Apart from two special size (over 10.8 carats) rough diamond auctions, the company held the international road show and competitive sales of fancy colored rough.   Alrosa sells large and fancy colored diamonds using competitive sales methods, such as auctions and collection of competitive bids. In November 2020 the company held auctions for diamonds larger than 10.8 carats at its offices in Israel and Dubai. Apart from these, in Israel and Belgium the company collected competitive bids for fancy colored rough. 64 percent of 130 lots weighing 8,200 carats were successfully sold. At the special size diamond auction in Israel Alrosa sold 112 lots weighing 1,850 carats for a total of $9.8 million. At the auction in Dubai, 135 lots weighing 2,088 carats were realized for $14.5 million.   ‘Our...

The gem-quality rough diamond with small chips on the edges and tops New large diamond found at Alrosa’s Verkhne-Munskoye deposit Alrosa, the world's largest diamond mining company, extracted a large rough diamond from the Zapolyarnaya pipe of the Verkhne-Munskoye deposit. The gem-quality rough diamond was mined in July. Its weight is of 63.15 carats. The crystal has an octahedral shape with small chips on the edges and tops. The mined diamond is transparent with a yellow hue. In March, Alrosa conducted an experiment to clarify the diamondiferous nature of the north western part of the Zapolyarnaya pipe at the Verkhne-Munskoye deposit.  In 5 days, we extracted 239 large (over 8 carats) diamonds from the Zapolyarnaya pipe, or more than 3.5% of the number of diamonds extracted during the experiment. These figures exceed the data for other pipes of the Alrosa Group. The first large (over 50 carats) diamonds of the Verkhne-Munskoe deposit were a 51.49-cara...

Alrosa diamond sales totalled $1,322.9mn during January–April 2019    Recently Alrosa , the world’s largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7 million. Rough diamond sales amounted to $315.8 million, while those for polished diamonds stood at $2.9 million. January–April 2019 rough and polished diamond sales totalled $1,322.9 million. During the four months of 2019, the Company sold rough and polished diamonds for $1,303.8 million and $19.2 million, respectively. “In the first months of 2019, the global diamond market saw a somewhat weaker demand from cutters and polishers due to both diamond stock normalization as mid-streamers in India continue to experience difficulties with access to affordable financing, and inherent cyclicality of the market. The Company maintains a moderately positive outlook for the foreseeable future, expecting the market situatio...

Dubai auction brings in $8.91mn Alrosa, the world’s largest diamond miner, reviews the results of the diamond auction in Dubai, the UAE. The total revenue from the sale of special size diamonds (+10.8 carats) exceeds $8.9 million. 109 out of 122 auction lots were sold. There were two especially large diamonds sold, 51.13 and 47.59 carats, respectively. 56 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia participated in the auction. “This is our second diamond auction in Dubai this year. Beyond all doubt, this trading platform is successful. This time, the total weight of sold diamonds was more than 1,840 carats, the proceeds amounted to $8.91 million. Until the end of the year, we are going to hold 3 more auctions here, expecting the same consistently high results,” said Evgeny Agureev, member of the Executive Committee, Director of the United Selling Organization Alrosa.

Alrosa’s Verkhne-Munskoye deposit gives new large gem-quality diamond On February 17, 2019, a unique gem-quality rough diamond weighing 98.8 carats was mined at Zapolyarnaya kimberlite pipe, which is the part of the Verkhne-Munskoye diamond deposit. The gem has an octahedral shape. There are inclusions in the peripheral and intermediate zones. Rough diamond is transparent with a visible yellow shade, gem-quality. "This is the second major find since the launch of the deposit last October. It allows us to speak about the great potential of the Verkhne-Munskoye deposit. Not every kimberlite pipe regularly brings large diamonds over 50 carats, especially when it comes to such a large crystal, like this one - weighing almost 100 carats. Despite some inclusions, it is clear that this is a high quality stone. After a detailed study and evaluation, I believe it will be transferred to Diamonds Alrosa cutting and polishing division," Evgeny Agureev, Member of the Man...

Alrosa earns $8.3 mn at Dubai auction Alrosa, the largest diamond mining company in the world, held international auction for special size rough diamonds (over 10.8 carats) in Dubai. The overall revenue amounted to $8.3 million. The company sold 121 rough diamonds with total weight of 1,950 carats. Firms from UAE, India, Belgium, Israel, Hong Kong, Russia and the USA participated in the auction, and 31 firms were recognized as winners in different positions. “Alrosa and Dubai have a longstanding partnership. Since 2014, we have been cooperating with the Dubai Diamond Exchange on industry issues; we have our trading company here, where we regularly hold auctions. This year, we decided to increase the number of auctions in Dubai to five, because we see stable demand, including from local firms,” Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at Alrosa, said. In 2018, Alrosa raised about $40 million at international auctions ...

Alrosa January sales lowers by -44% YoY yet,  December-January sale maintains 3 years average! Alrosa, the world’s largest diamond miner, announces diamond sales results for January 2019. According to the result, in January, Alrosa Group sold $281.5 million worth of rough and polished diamonds is about -44% YoY. Rough diamond sales amounted to $278.2 million, polished diamond sales –$3.4 million. “In January, market activity was lower than usual. After active restocking at the midstream in December 2018 (our December sales were up 20% QoQ and up 46% YoY), our January sales came lower. At the same time combined sales in December 2018 and January 2019 reached three years average number of $601.9 million. Sales in the diamond market are always cyclical and apparently, we are seeing the expected correction after the peak values in previous periods,” Yury Okoemov, Alrosa Deputy CEO, noted. 

Alrosa completed True Colours auction Alrosa, the world leader in the diamond mining industry, has successfully completed its own specialized “True Colours” auction with a total sale of $9 million worth of coloured diamonds. 210 unique diamonds were sold in the first round. The bidding was very active, and most of the lots were sold for well above their starting price. The “hero stones” stars of the collection with a particularly rare combination of qualities, generated enormous interest from bidders. One such “star”, which attracted a lot of attention from buyers around the world, was an oval cut Fancy Vivid Orangy Yellow diamond weighing 15.11 carats. During the course of the bidding the diamond doubled in price. “The collection of large coloured stones – all cut by our company – which we brought to Hong Kong was the biggest in Alrosa’s history. We sold the lots for well above their starting prices and consider the auction results to be very positive,” said Pa...

Alrosa, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at the auction in Vladivostok. In total, the company sold 108 gem-quality lots with total weight of 2,003 carats. Overall revenue from sales amounted to $12.6 million. 76 companies from Russia, mainland China, Hong Kong, the US, Israel, Belgium, India and UAE took part in the auction. “The Far East is still of strategic interest for us in terms of expanding cooperation with China, and we traditionally invite companies from this country to participate in our auctions. The auctions in Vladivostok are particularly successful this year. We sold more than 100 diamonds of excellent quality at the latest auction, and got a good premium to the starting price. We plan to hold the next auction in Vladivostok in late October - early November,” Evgeny Agureev, the Member of the Executive committee, Director of the United Selling Organization of Alrosa, commented on the res...