Alrosa earns $8.91m in Dubai diamond auction

Diamond major Alrosa earned $8.91-million in revenue from the sale of special size diamonds – diamonds larger than 10.8 ct – at its second auction in Dubai, this year. Fifty-six companies from Belgium, India, Israel, the United Arab Emirates, the US, Hong Kong and Russia participated in the auction, which resulted in the sale of 109 out of 122 auction lots on offer sold.   Two especially large diamonds, weighing 51.13 ct and 47.59 ct, respectively, were sold.