ALROSA AUCTION SELLS NEARLY US$18 MILLION WORTH OF ROUGH DIAMONDS
Published April 2nd, 2007
Alrosa, Russia’s Yakutia-based diamond monopoly, sold US$17,097,464 worth of rough diamonds at the 21st international diamond auction for special-sized diamonds hosted by the Russian Diamond Chamber.
Some 83 of 85 parcels containing 529 diamonds weighing more than 9,000 carats in total, including seven diamonds weighing more than 50 carats each, were sold. The largest diamond offered weighed 115.59 carats.
Representatives of 54 Russian and foreign companies from India, Israel, Belgium, China, the United States and Lebanon bid at the auction.
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