ALROSA recently exhibited a stunning collection of large coloured diamonds mined by it over the years, including a pink oval diamond weighing 14.83 carats - the largest pink diamond in the history of Russia. The miner said that the display highlighted the huge potential of its diamond resources and its ability to soon emerge as the leader in the international market for coloured diamonds.

The exhibits included stones with unique pink, bright yellow and pink purple colours. .

The star the 14.83 ct pink oval diamond which was cut from rough mined in 2017 in the Ebelyakh deposit in Yakutia, Russia. Prior to that, the largest pink diamond discovered by ALROSA had weighed 3.86 carats.

“Pink diamonds among the blue ones are considered to be the rarest and most precious of all, and the size and clarity of this specimen makes it one of the best to be discovered anywhere in the world in recent years. I am sure that this diamond will be the most expensive in the history of Russia’s gem cutting industry,” said Yury Okoyemov, Deputy CEO of ALROSA.

Another special, and also the largest stone in the exhibition was a deep yellow Asscher cut diamond, weighing 20.69 carats. It was cut from a raw crystal with a rare honey hue, which weighed 34.17 carats and was the largest yellow diamond mined in Russia in 2017.

Pink and yellow diamonds will be soon transferred to GIA (Gemological Institute of America) for certification.

Among the other diamonds displayed in the collection, highlights included a pink purple cushion-shaped stone weighing 11.06 carats and recognized by the GIA (the Gemological Institute of America) as the largest of its colour in the world.

Okoyemov said, “The diamonds we are now exhibiting are completely unique, and each of them perfectly embodies the Russian art of gem cutting. And more than half of the several dozen coloured gems we are exhibiting today are large diamonds with fancy hues – the rarest and most beautiful type of diamond. To put it more clearly – out of every ten thousand natural jewellery-class diamonds mined, only one will be coloured, and large coloured diamonds are even rarer. According to market analysts, the average price for coloured stones has risen consistently by 12% a year over the last few decades. We calculate that the huge potential of its resources will very soon enable ALROSA to become the leader in the international market for coloured diamonds.”

Pic caption: A stunning 14.83 ct pink diamond, the largest ever mined in Russia