Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output, said its affiliate Almazy Anabara has unearthed a 34.17-carat yellow rock at the Ebelyakh alluvial deposit in the Republic of Sakha (Yakutia).
Alrosa has had a lucky year when it comes to finding large fancy-coloured diamonds.
The diamond is the largest fancy-coloured precious gemstone ever extracted by Almazy Anabara, Alrosa said. It measures 20.17 by 19.65 by 15.1 mm and is a transparent intense yellow crystal with a small inclusion in the intermediate zone.
Alrosa has hit this year a record in the number of large fancy-coloured diamond found at its operations.
“We used to extract fancy-coloured rough diamonds over 10 carats once a year on the average, but this year we have already recovered several large fancy-coloured diamonds,” the company said in the statement.
In June, Alrosa unearthed a 65.75-carat yellow diamond at its prolific Jubilee pie and, in September, it recovered a unique 27.85-carat pure pink diamond — the largest of its kind Alrosa has ever found.
The company’s plan is to send the newly found diamond to the United Selling Organization Alrosa (USO Alrosa) in Moscow, where specialists will give it a more detailed and accurate assessment, before the end of October.
Image courtesy of ALROSA.
Comments
Altaf
This stone is the most beautiful of all the stones dug by Alrosa. I have seen earlier articles with pics of colored stones but this has the most saturated color with out any color shades.