ALROSA, the Russian diamond miner, held an auction in Vladivostok for rough diamonds over 10.8 carats. The overall revenue amounted to $9.1 million.
The company auctioned 125 rough diamonds, weighing 2,090 carats total, to 24 companies from the largest centers of the diamond trade.
"The first auction this year in Vladivostok completed with good results. The assortment is still in demand among the market participants from the largest centers of world diamond trade. I believe that interest in Vladivostok as a promising trading platform will only grow," Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at ALROSA, said.
The schedule of ALROSA's international auctions for special size rough diamonds includes four auctions in Vladivostok in 2019. The next auction is slated for April; with two more penciled in for July and September