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Russia’s Alrosa to offer a rare 242-carat rough diamond at Dubai auction on March 22

  • February 27, 2021

“Rough diamonds, which potentially allow for cutting a polished diamond larger than 100 carats, are extremely rare in nature. Even less often are such gems tendered,” Evgeny Agureev, Alrosa’s head of sales, said in a statement. Alrosa last 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 state repository.

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