Russia's Alrosa to offer a rare 242-carat rough diamond at Dubai auction
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Russian federation'south Alrosa to offer a rare 242-carat rough diamond at Dubai sale
Russian state-controlled diamond producer Alrosa will offering a rare 242-carat rough diamond - ane of the biggest gem-quality stones it has mined this century - for sale at a Dubai sale on March 22, the company said on Fri.
MOSCOW: Russian country-controlled diamond producer Alrosa will offering a rare 242-carat rough diamond: ane of the biggest jewel-quality stones information technology has mined this century: for sale at a Dubai auction on March 22, the company said on Fri.
The crystal-clear diamond is the size of a small egg. Alrosa, the world's largest producer of rough diamonds, competes with Anglo-American unit De Beers.
"Rough diamonds, which potentially let for cutting a polished diamond larger than 100 carats, are extremely rare in nature. Even less often are such gems tendered," Evgeny Agureev, Alrosa'due south head of sales, said in a statement.
Alrosa final offered a rough diamond of such a size at open auction five years ago. Russian law states that the miner must first offer its rough diamonds larger than 50 carats to the Gokhran land repository.
The diamond was held back until now to mark Alrosa's 100th international sale.
The sale toll volition start from U.s.$ii 1000000.
(Reporting by Polina Devitt; editing past Alexander Marrow and Mike Collett-White)
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Source: https://cnalifestyle.channelnewsasia.com/cna-lifestyle/russias-alrosa-offer-rare-242-carat-rough-diamond-dubai-auction-183026
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