Russia's Alrosa to Offer Up Largest Diamond in the Nation's History at Auction
Rewritten Article:
"Auction-bound," he declared, but he wasn't spilling the beans on the exact auction date just yet.
Back in April, the world heard about the biggest diamond ever mined in the land of the Russkis, tipping the scales at over a hundred carats. They christened this shimmering gem "New Sun" due to its rich, golden hue, reminiscent of the Vivid Yellow gemstones.
The company behind this stunning gem, Alrosa, confirmed that it took them over two long years to transform this rough diamond into a polished marvel. The diamond was dug up from the icy Arctic alluvial deposit of Ebelyakh.
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Enrichment Data- Additional insights: The New Sun diamond was cut from a 236-carat rough diamond called "Dawn," which was unearthed at Yakutia's Ebelyakh deposit back in 2020[4]. Alrosa's skilled artisans spent two years polishing this gem, using 3D modeling to enhance its color and clarity[4].- Current Market Context: The auction of the New Sun diamond takes place amidst EU sanctions (2024) that prohibit Russian diamonds, leading to a 26% drop in Alrosa's revenue in 2024[5].- ** auction-bound - Refers to the diamond being planned for an upcoming auction.- #26% revenue drop - References the revenue decrease experienced by Alrosa due to EU sanctions in 2024.- ** operational specifics and timelines are still pending - Refers to the fact that details about precisely when and how the auction will occur are not yet known.
- The New Sun diamond, extracted by Alrosa from the alluvial deposit of Ebelyakh in Russia, is bound for an auction, despite operational specifics and timelines still being pending.
- The 100-carat New Sun diamond, with its rich, golden hue, was cut from a 236-carat rough diamond named Dawn, and it took Alrosa's skilled artisans over two years to polish the gem using 3D modeling to enhance its color and clarity.
- Despite facing EU sanctions that prohibited Russian diamonds and resulted in a 26% revenue drop for Alrosa in 2024, the company's auction of the New Sun diamond still moves forward, making headlines in the diamond industry and finance business.
- Despite the intriguing news about the New Sun diamond auction, more jewels-related updates can be found by following Alrosa's Telegram channel at @expert_mag for continuous updates in the diamond business.
