Alrosa Showcases 'Record-Breaking' Pink

RAPAPORT... Alrosa has launched an exhibition of rare polished coloreddiamonds, including a 14.83-carat pink that is the largest of its colorin Russian history, the miner said Wednesday. The oval-shaped stone was cut from a 27.85-carat rough that the company recovered in 2017 from its Ebelyakh mine in Yakutia. The miner'slargest pink diamond prior to the discovery weighed 3.86 carats. "The size and clarity of this specimen makes it one of thebest to be discovered anywhere in the world in recent years," said Alrosadeputy CEO Yury Okoemov. "I am sure this diamond will be the most expensive inthe history of Russia's gem-cutting industry." The collection also includes an Asscher-cut, 20.69-carat,deep-yellow diamond, cut from a 34.17-carat rough. A cushion-cut, pink-purple diamondweighing 11.06 carats will also be on display. It is recognized by theGemological Institute of America (GIA) as the largest of its color in theworld, the miner added. Due to the size and fancy hues of the stones Alrosa hasrecovered, the company believes it can gain a strong position in thecolored-diamond market. "We calculate that the huge potential of its resources willvery soon enable Alrosa to become the leader in the international market forcolored diamonds," Okoemov added. Image: The 14.83-carat pink diamond. (Alrosa)