ALROSA earns $463m at international auctions in 2018
In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions receiving a total revenue of $463 million for the year, for its special size (over 10.8 carats) rough diamonds.
Alrosa traditionally holds its auctions in Russia, Belgium Israel, Hong Kong, the United Arab Emirates and the United States. For the first time in many years, the company held two of its auctions at its sales office in New York, which resumed its operations last year. Another six auctions took place in Israel, Hong Kong, Dubai and in Belgium.
Positive feedback about the auctions and stable demand has encouraged the company to increase the total number of planned auctions to 37 in 2019, adding four more to its New York office.
The complete schedule of international auctions for special size rough diamonds in 2019 is posted on ALROSA’s website.