USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
The 2014 Hong Kong Gem & Jewellery Fair.
Russian diamond mining giant Alrosa said Wednesday it sold almost $3 million of polished diamonds at an international auction of polished goods, from September 10 to 19, that took place as part of the Hong Kong Gem & Jewellery Fair.
Alrosa said that 56 companies participated in the auction as bidders, and that “according to the results of the auction, there is a stable demand for polished diamonds on the market.”
The miner reported that 65 lots of polished diamonds with a total weight of 192.91 carats were sold for $2.976 million.
Alrosa said that the largest polished stone in the auction, a fancy yellow color diamond, weighing over 16 carats, was sold for $468,000. The most expensive one, a traditional round 10-carats white diamond was sold for $592,360.
