Alrosa sells $7.6 million at auction in Dubai

By staff writer / June 20, 2019 / www.idexonline.com / Article Link

At the event, 126 rough diamonds weighing 2,090 carats were auctioned. The lot included a large stone of 63.8 carats that originates from the deposits of Almazy Anabara JSC. The auction's total sales sum came to $7.6 million.

This time, more than 100 companies participated in the auction. Buyers arrived in Dubai from Belgium, Hong Kong, India, Israel, Russia, the United Arab Emirates and the United States.

"Our international auctions for the sale of large-sized rough diamonds always attract attention of buyers. The auction session in Dubai ended with positive results - both in terms of the number of stones sold and in terms of the number of firms that participated in the event. We see that the Alrosa platform in Dubai continues to evolve and to attract more and more interest", said Evgeny Agureev, Member of the Executive Committee, CEO of ESO Alrosa.

This was the company's third diamond auction of the year in the UAE. Previous sales events were held in past February and April. Alrosa expects to hold one more auction in Dubai this year.

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok