ALROSA earned a total revenue of US$ 8.2 million at its recently held auction for special size rough (over 10.8 carats) diamonds in Israel.  

Companies from Israel, Belgium, India, UAE, Russia, the USA and Hong Kong participated in the auction at which ALROSA sold 82 gem-quality diamonds with a total weight of 1,422 carats.

"Today, there are still difficulties with demand in the global diamond market,” said Evgeny Agureev, Member of the Executive Committee, and Director of the United Selling Organization ALROSA. “This inevitably affects all participants and sales results. Despite this, the auction in Israel was generally a success."

ALROSA has announced that it will hold two more auctions of special size diamonds in Israel by the end of 2019.