Alrosa Recovers 99ct. Diamond at New Mine

RAPAPORT... Alrosa has unearthed a 98.8-carat, gem-quality diamondfrom its new Verkhne-Munskoye mine in Yakutia, it said Wednesday. The stone was retrieved from the Zapolyarnaya pipe, one offour kimberlites that are located at the site. It has a visible yellow shade, Alrosa noted. "This is the second major find since the launch of thedeposit last October," said Evgeny Agureev, director of the United SellingOrganization at Alrosa. "Despite some inclusions, it is clear that this is ahigh-quality stone." Alrosa unearthed a 51.49-carat, gem-quality diamond at thesite shortly after its launch, it said. Image: The 98.8-carat rough diamond. (Alrosa)