20 Feb 2020
DiamondWorld Directory
Home |
News
Home
ALROSA Sells Large Diamonds at an Auction in Vladivostok For $17 mln
The company received total revenue of $17 million from the sale of 121 gem-quality diamonds with a total weight of 2,000 carats.
By: Diamond World News Service
|
Jul 5 2018 10:15AM
|
Reference: 16490  

DecreaseIncrease

ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (weighing over 10.8 carats) at an international auction in Vladivostok, which was held on June 18-29, 2018.

The company received total revenue of $17 million from the sale of 121 gem-quality diamonds with a total weight of 2,000 carats.

Companies from Belgium, China, Hong Kong, India, Israel, Russia, the United Arab Emirates and the United States participated in the auction. 36 firms recognized winners for different positions.

"The results of the last auction once again confirm that Vladivostok today is a successfully developing center of the Russian diamond business. Our auctions here gather clients from different countries, including China and the United States, leaders in the consumption of diamond jewelry. The auction in June concluded with a good premium to the starting price, which was exceeded by 1.8 times," Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the results.

ALROSA branch in Vladivostok was established in 2016 by the decision of the Company's Supervisory Board with the purpose of development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok. The branch sold the first rough diamonds at the EDC in August-September of 2016.

In 2017, the total revenue of ALROSA from the sale of diamonds at tenders and auctions in Vladivostok exceeded $70 million. On the first 2018 auction held in May ALROSA sold large rough diamonds for $14.8 million. Until the end of 2018, ALROSA will hold two more auctions in Vladivostok - in September and November.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
HouseAd_Trade Fair
Recent Issue
2019
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 24070
GJEPC Chairman Interview
Views: 21741
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 28923
Promo for IJ Awards 2012 at NDTV Profit
Views: 42313
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 44998
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 17801
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 42937
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 40925
Advertisement
GIA_NEWS
Advertisement
M.Tarun
Member of:
Supporter of: