News

ALROSA announces EDC's latest sales results

diamond world news service

PJSC ALROSA, the world leader in diamond mining, has announced the results of rough diamond sales held in the Eurasian Diamond Centre in Vladivostok. 

Rough diamonds worth USD 5 million were sold during the trading session held on November 21-25, 2016. 

Rough diamond sales are the second in succession in the scope of operation of the Eurasian Diamond Centre. This time Russian and foreign long-term clients were offered, among others, industrial grade diamonds. 

"In order to study potential demand, we offered average and small size rough diamonds to our clients in test mode at the last trading session. We assess the trading session results as successful," says Yury Okoemov, ALROSA Vice President. 

Quarterly sales of special size rough diamonds are planned at the EDC trading platform early next year. 

The first displays and sales of ALROSA's rough diamonds in Vladivostok were held in the lead-up to the II Eastern Economic Forum in Vladivostok on September 2-3 this year. That was also when the Eurasian Diamond Centre, which has recently become the hundredth resident of the Free Port of Vladivostok, was open.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Mother's Day 2024 - Jewellery Spending Holds Strong Amidst Evolving Gift Trends

De Beers is contemplating a decrease in LGD prices with its Lightbox jewellery brand

Malabar Gold & Diamonds Launches its 350th Global Showroom at Naperville, Illinois in the USA

Sotheby’s Paris Presents Jewellery Auction Featuring Spanish Socialite’s Collection

GIA India Holds Graduation Ceremony for Gemology Students in Mumbai