Editor-in-Chief & Publisher: MIR JAVED RAHMAN


Russian miner to auction off huge 51-carat diamond


Issue Date 12 - 18 Aug, 2017 at 2:00 PM

Russian miner to auction off huge 51-carat diamond


Russian mining giant Alrosa is set to auction off a huge 51-carat ‘Dynasty’ diamond and four other high-purity diamonds with a starting price of $10 million, the company says. The five-diamond collection was cut from a 179-carat rough diamond discovered in 2015 in one of the state-owned company's mines in the Sakha region of eastern Siberia. Alrosa, Russia's top diamond producer, calls the 51.38-carat gem that is the centrepiece of the collection "the largest and purest diamond cut in the history of Russian jewellery making".
"All five diamonds were manufactured from one rough diamond, which is an exceptional case. It took a year and a half to create the collection," Alrosa's president Sergei Ivanov said. The largest diamond in the collection was named in honour of Russia's last imperial family the Romanovs, whose rule ended a century ago in 1917 with the abdication of Tsar Nicholas II. The other gems are named after Russian aristocrat families. The second largest diamond in the collection measures 16.67 carats, while the smallest is 1.39 carats. "Based on the auction results of Sotheby's and Christie's, the starting price of the collection can be no less than $10 million," Ivanov said.





RELATED TOPICS


MAG FILES

Russian miner to auction off huge 51-carat diamond

Russian mining giant Alrosa is set to auction off a huge...

Read Detail

MAG FILES

Michelangelo's unrealised marble dream comes true in Italian quarry

In 1517, Michelangelo climbed Mount Altissimo in Tuscany and found....

Read Detail

MAG FILES

France remains world's favourite tourism destination

France retained its position as the world's favourite tourism destination...

Read Detail

MAG FILES

Take It Off Your Txt

Hey MAG! Please write something about BTS the k-pop band.....

Read Detail


Leave a Comment:





Weaving Tales

Weaving Tales

Let your skin breath in light weight and sheer fabric that gives you ultimate level .....

Read More

Breezing Through the Season

Breezing Through the Season

Stock up your closet with a mix of bright and deep shades to make.....

Read More

A VERSATILE ROCKSTAR JUNAID YOUNUS

A VERSATILE ROCKSTAR JUNAID YOUNUS

I first witnessed Junaid Younus flexing his vocal chords in the band Siege’s...

Read More

MOBEEN ANSARI - Unleashing Ingenuity

MOBEEN ANSARI - Unleashing Ingenuity

Photography for me is about telling your story, telling the story of what....

Read More

5 CONFIDENT WAYS TO EXCEL AT A NEW JOB

5 CONFIDENT WAYS TO EXCEL AT A NEW JOB

You walk through the door on the first day of your new job, ....

Read More

Independence Jamboree At PAKISTAN Chowk

Independence Jamboree At PAKISTAN Chowk

‘Dil Dil Pakistan, Jaan Jaan Pakistan’ blare the speakers around me as.....

Read More

TIME TO CELEBRATE INDEPENDENCE

TIME TO CELEBRATE INDEPENDENCE

It's that time of the year again, and like every year, celebrations are...

Read More

Microcurrent therapy device

Microcurrent therapy device

The Volosano micSTICK Mobile Microcurrent Therapy Device uses....

Read More