ALROSA Recovers Three Large Diamonds from Jubilee pipe in October

Gem Investing

ALROSA announces the recovery of several large rough diamonds from Jubilee (Yubileynaya) pipe at Aikhal Mining and Processing Division in October. The gem-quality diamonds range from 82 to 163 carats. As quoted in the press release: “Simultaneous extraction of three large rough diamonds, two of which are over 100 carats, within such a short period …

“Simultaneous extraction of three large rough diamonds, two of which are over 100 carats, within such a short period of time is a one-off event especially when it comes to gem-quality diamonds. As a rule, only 5-10 similar stones over 100 carats may be recovered within a year, and they are always in great demand at auctions. In the short term, rough diamonds will be delivered to the United Selling Organization (USO) ALROSA, where our experts will give them a detailed assessment,” noted the Director of the USO ALROSA Evgeny Agureev.

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