390.7 carat diamond found

Russian jewelry brand Alrosa announced that 390.7 carats of diamonds were unearthed from a mine in Yakutia. The statement stated that this diamond was the largest diamond mined in Russia in the last 10 years.

While officials stated that the price of the gemstone is not yet known, they noted that the sale of this diamond may be difficult due to the war between Russia and Ukraine. The company’s statement said: “The mass, shape and color of this diamond make it very special.”

Alrosa, owned by the Russian state, has been auctioning large stones in recent years. However, it was noted that this time the sale could be difficult due to sanctions imposed on Russia due to the war between Russia and Ukraine.

After sanctions from the United States and Western countries, Alrosa began to prefer the Asian and Indian markets.