The unusual gem found by Alrosa weighs 65.7 carats.
ALROSA Mining News
The Russian miner sees encouraging prospects from colourful diamonds, market in which it aims to become the world’s leader.
Diamond sales dropped by 44% year-on-year in the first month of 2019.
The 191.46-carat stone was found earlier this month at the company's Udachny mining and processing division.
World’s top diamond producer by output Alrosa and China-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond miner in exploring and digging up diamonds.
Rebecca Foerster, former Vice President of Strategic Planning and Marketing at Leo Schachter Diamonds, was appointed President of Alrosa USA Inc.
Given the positive feedback received following two sales events in New York, the company decided to increase the number of auctions in the United States this year.
Alrosa traditionally holds its auctions in Russia, Belgium Israel, Hong Kong, the United Arab Emirates and the United States.
The world’s top diamond producer by output, is returning to Zimbabwe after almost two years, as the company continues to expand beyond Russia.
ALROSA saw a 6% growth in its diamond sales last year.
The environmental and energy characteristics of almost 6 thousand companies were compared during the preparation of the rating.
The world’s top diamond producer held six auctions this year in the Middle Eastern country.
The company acquired the remaining 50% in the joint venture from its previous partner and said negotiations were already advanced with an unnamed potential new associate.
The company has sold 119 gem-quality rough diamonds with a total weight of 1,890 carats.
ALROSA's total diamond sales in January-October 2018 grew 6% YoY.
The diamond's age is estimated at 350 million years, it weighs 51.49 carats and measures 23 by 22 by 15 mm.
President Vladimir Putin, who attended the opening ceremony, said the new operation reinforced the state-controlled firm's position as a diamond world leader.
Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds.
For sale,166 gem-quality rough diamonds with a total weight of 2,607 carats.
Several major Russian companies are exploring ways to do deals abroad without using dollars.
It is the largest yellow rough diamond mined at ALROSA's deposits this year.
Russian diamond miner Alrosa said on Tuesday that its sales next year would be 1-2 million carats higher than its production in 2019.
As part of its plans to expand into that market, Alrosa will hold its first “True Colour” auction of coloured polished diamonds, during the Hong Kong Gem & Jewellery Fair taking place this month.
The company said that the Dynasty diamond “is the purest of all large diamonds manufactured throughout the Russian jewelry history.”
Total diamond resources are estimated to contain 3.5 million carats of diamonds.