OTHER

Alrosa raises US$8.9M in second Dubai auction

Total weight of sold diamonds was more than 1,840ct

Staff reporter

This article is 6 years old. Images might not display.

Two especially large diamonds of 51.13ct and 47.59ct were sold during the auction, which was the second for the year.

Alrosa sold 109 out of 122 auction lots, with 56 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia participating.

Executive committee member and director of the United Selling Organisation Evgeny Agureev said the total weight of sold diamonds was more than 1,840ct, with the same consistently high results expected at the three more auctions planned for this year in Dubai.

The first auction in Dubai raised $8.3 million from the sale of 121 stones weighing a total 1,950ct.

In late March, an auction in New York also raised $11.8 million from the sale of 107 stones weighing a total 1,900ct.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.

editions

Investor Sentiment Insights 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.