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Alrosa Showcases ‘Record-Breaking’ Pink

Feb 13, 2019 10:30 AM   By Rapaport News
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RAPAPORT...
 Alrosa has launched an exhibition of rare polished colored diamonds, including a 14.83-carat pink that is the largest of its color in Russian history, the miner said Wednesday.

The oval-shaped stone was cut from a 27.85-carat rough that the company recovered in 2017 from its Ebelyakh mine in Yakutia. The miner’s largest pink diamond prior to the discovery weighed 3.86 carats.

“The size and clarity of this specimen makes it one of the best to be discovered anywhere in the world in recent years,” said Alrosa deputy CEO Yury Okoemov. “I am sure this diamond will be the most expensive in the history of Russia’s gem-cutting industry.”

The collection also includes an Asscher-cut, 20.69-carat, yellow diamond, cut from a 34.17-carat rough. A cushion-cut, pink-purple diamond weighing 11.06 carats will also be on display. It is recognized by the Gemological Institute of America (GIA) as the largest of its color in the world, the miner added.

Due to the size and fancy hues of the stones Alrosa has recovered, the company believes it can gain a strong position in the colored-diamond market.

“We calculate that the huge potential of its resources will very soon enable Alrosa to become the leader in the international market for colored diamonds,” Okoemov added.

Image: The 14.83-carat pink diamond. (Alrosa)
Tags: Alrosa, Ebelyakh mine, Gemological Institute of America, GIA, polished colored stones, Rapaport News, Yakutia, Yury Okoemov
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