ALROSA Auctions $1.2 Million Of Polished Colored Diamonds In Israel

(IDEX Online) – DIAMONDS ALROSA, the miner's cutting and polishing division, has sold all 262 polished diamonds, with a total weight of 209.34 carats, including 15 rare pink diamonds weighing 15.31 carats, at an auction.

The overall revenue from the sales of the fancy colored diamonds came to $1.209 million.

In addition, the company sold nine colorless diamonds with a total weight of 28.8 carats for $347,500.

All the auctioned gemstones were manufactured from rough diamonds mined from the deposits of PJSC ALROSA, and its subsidiaries - Almazy Anabara and Nizhne-Lenskoye.

Pavel Vinikhin, Director of DIAMONDS ALROSA, said: "The auction attracted 85 firms and Israeli clients were in the majority. Companies from Belgium, the USA and China also participated in the auction. Fancy colored polished diamonds represented the main assortment of our November tender. Such pieces are always in great demand among our clients, especially the rare pink ones."