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Mining Operations Resume in ALROSA's Zarnitsa Mine thediamondloupe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediamondloupe.com Daily Mail and Mail on Sunday newspapers.
Alrosa Reports Strong Sales as it Warns of "Supply Deficit" idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
Jewelry14/05/2021 13:47 In Christie’s Magnificent Jewels auction in Geneva, The Alrosa Spectacle Diamond , weighing an astonishing 100.94 carats, went under the hammer for US$14,2 million. Total sales during the May auction of 144 lots garnered US$63.8 million Christie s announced. The emerald-cut, Type IIA, D-Color, Internally Flawless diamond was polished from a 207.29-carat rough gem unearthed in 2016, from the Zarnitsa kimberlite pipe in Yakutia. The diamond is the largest ever manufactured in Russia and took one year and eight months to cut and polish at the ‘Diamonds of ALROSA’ cutting factory in Moscow. The Spectacle s pre-auction estimate was set to be between US$13 million and US$19 million. ....
UPDATE 1-Strong demand for diamonds, rough and smooth, boosts Alrosa sales Reuters 1 hr ago MOSCOW, May 12 (Reuters) - Russia s Alrosa, the world s largest producer of rough diamonds, said on Wednesday its April sales of rough and polished stones rose by 12% month-on-month to $401 million after demand for diamond jewelry strengthened in the main markets. Global demand for precious stones has been recovering from the impact of the COVID-19 pandemic since the second half of 2020. Sales by the state-controlled company totalled $1.6 billion for the first four months of 2021. At the height of the pandemic in April 2020, Alrosa s sales were only $15.6 million. They rose to $357 million in March this year. ....
MOSCOW: Russia s Alrosa, the world’s largest producer of rough diamonds, said on Wednesday its April sales of rough and polished stones rose by 12 percent month-on-month to $401 million after demand for diamond jewelry strengthened in the main markets. Global demand for precious stones has been recovering from the impact of the coronavirus disease (COVID-19) pandemic since the second half of 2020. Sales by the state-controlled company totaled $1.6 billion for the first four months of 2021. At the height of the pandemic in April 2020, Alrosa’s sales were only $15.6 million. They rose to $357 million in March this year. Alrosa, which competes with Anglo American unit De Beers, is gradually restoring its production after last year s 22 percent reduction. It plans to return to its usual annual output of 36-37 million carats within 2-3 years from 31-32 million carats in 2021. ....