Alrosa's Vladivostok diamond auction brings in $9.65m

By Simone Liedtke      / April 29, 2019 / www.miningweekly.com / Article Link

Diamond miner Alrosa on Monday said the revenue from the sale of special size diamonds at an auction in Vladivostok, exceeded $9.65-million.

The auction took place from April 8 to 19, with 105 diamonds with a combined weight of 2 481.9 ct put on offer and 2 030.32 ct sold.

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Owing to the “decent results” from the auction, Alrosa executive committee member Evgeny Agureev confirmed that the miner intends to develop its sales in this region.

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