GJ Town India

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...

Vladivostok auction purse $9,65mn from 121 diamonds including 58.92 & 41.48 carats! Alrosa, the world’s largest diamond miner, discloses the results of the diamond auction in Vladivostok which took place. The total revenue from the sale of special size diamonds (+10.8 carats) exceeds $9.65 million. 29 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia participated in the auction. A total of 150 diamonds with a total weight of 2481.9 carats were presented. 121 stones (2030.32 carats) were sold. There were two especially large diamonds sold, 58.92 and 41.48 carats. This diamond auction again showed decent results. We selected the stones of good color and quality, and got high revenues about $10 million. This is a good result, and we plan to further develop our sales here, said Evgeny Agureev, member of the Executive Committee, Director of the United Selling Organization of Alrosa. In 2019, the company is going to h...

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...