Industry News by Nemesis

ALROSA To Auction Special (+10.8 Ct) Rough Diamonds in Vladivostok

October 12, 2017

ALROSA will hold an international auction for the sale of special size rough diamonds of 10.8+ carats in the Eurasian Diamond Centre in Vladivostok from October 16 to 27, the company announced in a press release.

 

The Company is putting for sale 72 gem-quality lots with the total weight of 1,170 carats, the largest one weighs 47.55 carats. All the stones to be auctioned were mined from the deposits of PJSC ALROSA, and its subsidiaries – JSC Almazy Anabara and PJSC ALROSA-Nyurba.

 

A total of 67 companies from Belgium, India, Israel, China and the USA have applied for the auction. The United Selling Organization (USO) ALROSA and ALROSA branch in Vladivostok are the organizers of the auction. The results will be summed up on October 30.

 

The United Selling Organization ALROSA is in charge of sorting, preliminary valuation, pre-sale preparation and sales of all ALROSA’s rough diamonds. Their branch in Vladivostok was established in 2016 to aid development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok.

 

The branch sold the first rough diamonds at the EDC in August-September last year. Apart from increasing ALROSA’s sales, the branch is responsible for developing regional coverage, and expanding cooperation with clients from Asia-Pacific.

 

Source: The Diamond Loupe

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