Alrosa Holds Biggest Ever Online Auction

By John Jeffay / May 27, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Alrosa is holding is biggest ever online auction, listing over 800 rough diamonds, as coronavirus restrictions continue.

The state-owned Russian miner is providing 3D scans showing each rough diamond's external shape, internal inclusions, anticipated color and fluorescence.

It has been holding pilot digital tenders with a small number of stones since October 2019, but has responded to the COVID-19 pandemic by making many more diamonds available.

Alrosa's long-term customers will be bidding on rough diamonds from batches between five and 10 carats.

"Our proficiency in digital tenders allows us to offer clients a unique opportunity to make a commercial decision remotely instead of a traditional visit to the office, providing them with all information required," said Evgeny Agureev, deputy CEO.

Pic of rough diamonds, courtesy Alrosa

 

  

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