Alrosa Rakes In $10M at Dubai Auction

RAPAPORT... Alrosa sold $9.5 million worth of rough diamonds at alarge-stone auction in Dubai, the Russian miner said this week. The 141 diamonds - each over 10.8 carats - weighed a combined2,140 carats, and fetched an average price of $4,439 per carat, Alrosa reportedTuesday. Companies from India, Belgium, the United Arab Emirates,Israel, Hong Kong and Russia participated in the auction, with 28 firms makingpurchases. The auction was the last of four that Alrosa has held inDubai this year. Those sales have garnered about $40 million, it added. Image: Rough-diamond sorting. (Alrosa)