The sale of large diamonds worth $ 17 million in a Russian city



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The Russian Alrosa announced that he sold large stones of diamonds valued at $ 17 million at an international auction in the Russian city of Vladivostok
. A total of 121 diamond pieces with a quality gemstone and special sizes – over 10.8 carats in size – totaling up to 2000 carats have been sold. Companies from Russia, Hong Kong, Belgium, Israel, India, the United Arab Emirates, China and the United States participated in this auction, including 36.
Alrosa was a member of the Board of Directors of Yevgeny Agroyev, a subsidiary of Alrosa Marketing.
It is reported that during the year 2017 was auctioned and offers in Vladivostok, the diamond cut of a total value of more than 70 million dollars.
In the first auction for the sale of diamonds of special sizes In 2018, which took place last May, revenues were sales of $ 14.8 million.
Alrosa plans to hold two other auctions in Vladivostok until September 2018.
Alrosa is the largest producer of diamonds in Russia and its production The company is engaged in the business. exploration and extraction of precious stones in Republic of Yakutia and in Arkhangelsk province in north-east and north-west of Russia, developing 11 kimberlite tubes and 16 silt fields, Excavations in Africa, and increased the "Alrosa" at the end of 2017 the size of its diamond production [6%] to 39.6 million carats
The proven reserves of the company are sufficient to maintain the rate current extraction over the next 18 to 20 years, the virtual reserves of the Russian company accounting for nearly one-third of global global reserves.

Source: Sputnik

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