U.S. Diamonds of Alrosa Auction Earns $4.8 Million

By IDEX Online Staff Reporter / November 26, 2019 / www.idexonline.com / Article Link

(IDEX Online) - An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing division.

The company sold 255 polished diamonds with a total weight of 435 carats, or 80 percent of all the stones on offer. 

This included 73 fancy colored diamonds and nine sets of colored stones with a total weight of 65 carats.

This was Alrosa second auction of polished diamonds in New York this year. The first, which took place in June, saw  140.4 carats sold, which generated revenue of $3 million.

Recent News

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com

Gold stocks jump on gain in metal price

November 17, 2025 / www.canadianminingreport.com

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok