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

 

  

Recent News

Gold miner stock ETFs outpace rest of sector from mid-2024

January 27, 2025 / www.canadianminingreport.com

Gold stocks outpace broader equity gains

January 27, 2025 / www.canadianminingreport.com

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com

Wesdome, Seabridge and Skeena report outstanding drill results

January 20, 2025 / www.canadianminingreport.com

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok