Wednesday, July 17, 2019
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Alrosa Achieves Excellent Results at Dubai Auction

Alrosa Achieves Excellent Results at Dubai AuctionAlrosa Achieves Excellent Results at Dubai Auction

Alrosa Achieves Excellent Results at Dubai Auction

Alrosa Achieves Excellent Results at Dubai Auction.ALROSA’s international diamond auction in Dubai concluded with ‘excellent results for us, the starting price was almost doubled’, as noted by Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA. The company sold 111 gem-quality lots with the total weight of 1,725 carats for a total revenue of $10.5 million. The sale took place between May 27 to June 14, 2018.

The auction offered special size rough diamonds (of over 10.8 carats in weight). The 32 winners at the auction came from key diamond trading centers of the world including India, Belgium, Israel, Russia, the United Arab Emirates and the United States.

“This once again confirms that diamond market participants are still interested in our products. We plan to hold the next auction in Dubai in October-November this year,” – Evgeny Agureev continued.

Beginning 2018 until now, three auctions have occurred on the Dubai trading site, including the last one.

Mines to Market
the authorMines to Market
Prashant Rathod

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