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Alrosa June sales of rough and polished Diamonds reached $222 million Alrosa, the world’s largest diamond miner, announces diamond sales results for June and six months of 2019. In June, Alrosa Group sold $222.4 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $219.3 million, polished diamond sales – $3.1 million.  Alrosa’s total rough and polished diamond sales in January-June 2019 amounted to $1,811 million. During the six months of 2019, rough diamonds were sold for $1,784 million, polished diamonds – for $27.3 million. “We keep implementing our balanced sales strategy amid the backdrop of persisting excess diamond stock both at the cutting and polishing (midstream) sector and at retailers, as well as challenges related to financing of Indian midstream business. The market is gradually entering the phase of seasonally low demand for rough diamonds, which also weighs on the industry sales numbers. We expect Improving

Alrosa sold 119 special size rough in Vladivostok Alrosa, the largest diamond mining company in the world, has summed up the results of the auction in Vladivostok for the sale of large special size rough diamonds (over 10.8 carats).   The company has sold 119 gem-quality rough diamonds with the total weight of 1,890 carats. The overall revenue from sales reached $10.3 million. 26 companies, representing global diamond trading centers, were recognized as winners in various diamond positions. “The last auction in Vladivostok scheduled for this year was completed. Since the beginning of 2018, we held four auctions there, including the last one, gaining almost $55 million in total.  This is a very good result, which was achieved after our decision to increase the number of auctions at the Far Eastern platform, which we consider to be very promising and plan to develop it further,” Evgeny Agureev, the Member of the Executive committee, Director of the USO Alrosa, said.