SOURCE Paragon International Wealth Management Inc.įor further information: Operations Manager: John Moore,, www.paragoniwm. Over the last fifteen years, fancy colored diamonds have become more popular as an investment vehicle and have exhibited higher profit margins over time than other hard assets. The mission of the firm is to provide clients unmatched advice and guidance in building an advantageous hard asset investment portfolio. Paragon International Wealth Management, which is based in Toronto, is a leader in the investment and management of fancy colored diamonds. This 34. Paragon International Wealth Management indicated that Alrosa's additional examination of the stone would provide more information about the eventual value that the stone might fetch at market.ĪBOUT PARAGON INTERNATIONAL WEALTH MANAGEMENT Paragon International Wealth Management adds that the discovery of a yellow diamond of such high quality and size is an exciting development and represents another excellent colored diamond find for Alrosa. The stone will become a worthy addition to our collection of large rare-colored diamonds that we are forming and will bring to the market," said Evgeny Agureev, the director of the United Selling Organization Alrosa, in a statement from the company. The choice of the contractor is obvious, Almazy Anabara JSC is the only company that mines rough diamonds in the ALMAR operating region, it has all the necessary resources and over more than 20 years of history has accumulated great expertise in geological exploration and mining of diamonds in the Arctic, Andrey Karkhu stressed. "The Company's specialists are still to study the stone more in detail, but we can say in advance that it is fancy vivid yellow, which is very rare and highly valued. The company's discovery of the yellow diamond follows the unearthing of a giant 65.75 carat yellow diamond in June and a 27.85 carat pink diamond in September of this year.Īlrosa has stated that it intends to send the yellow diamond to United Selling Organization Alrosa, located in Moscow, for further assessment. Almazy Anabara unearthed the diamond in the Ebelyakh alluvial deposit. Weighing 27.85 carats, the rough diamond has dimensions of 22.47 x 15.69 x 10.9 mm, and is described by the company as being of gem-quality and almost free of inclusions. Alrosa stated that the dimensions of the stone were 20.17 mm x 19.65 mm x 15.1 mm. Moscow-Alrosa reported this week that subsidiary Almazy Anabara has recovered what is by far the largest pink diamond in company history. Alrosa (Russian: ) is a Russian group of diamond mining companies that specialize in exploration, mining, manufacture, and sale of diamonds. SC Almazy Anabara, a subsidiary of the world’s largest diamond mining company ALROSA, extracted large 28. The yellow diamond is 34.17 carats and has a small inclusion. Find company research, competitor information, contact details & financial data for ALMAZY ANABARA, AO of Yakutsk, Sakha /Yakutiya/ Resp. Paragon International Wealth Management, a leader in the acquisition and management of fancy colored diamonds, predicts that the diamond, which follows other big finds by Alrosa this year, will fetch a high price if it reaches the market. 14, 2017 /CNW/ - Almazy Anabara, a subsidiary of Russian mining company Alrosa, has found a large yellow diamond in the northeast part of the Republic of Sakha, in Russia. The rough diamond yielded five large cut diamonds (76.22 carats total), and "Dynasty", as the 51-carater was named, is the biggest stone ever cut by the company.TORONTO, Nov. Of course, both fancy-colored stones are FAR eclipsed by the companies largest find to date: a 51.38 carat (D color, VVS1 triple excellent cut) diamond cut from a 179 carat piece of rough (nicknamed "Romanovs"). Production in Canada declined due to suspended mining operations at Ekati and Renard in March. In Russia, production levels were lowered at Botuobinskaya, Almazy Anabara, Jubilee, and other smaller mines. Zimbabwe Court Returns 129,400-ct Diamonds to UK Miner. The biggest decreases came from Russia, Canada, Botswana, and Australia. Alrosa provided this photograph of the 27.85-carat pink diamond just recovered by Almazy Anabara, a subsidiary of the Moscow-based mining company. In 2017, they extracted a pure pink diamond, estimated to be 27.85 carats. Production dropped by 28 million carats (20) in 2020. It will be moved to Moscow where it can be further assessed.Īlmazy Anabara has been quite lucky in unearthing fancy colored diamonds as of late. The yellow diamond is 20.17 x 19.65 x 15.1 mm with a small inclusion. A 34.17 carat Fancy Vivid Yellow Rough Diamond was recovered by Almazy Anabara a mining company affiliate of Alrosa. An Ebelyakh alluvial deposit was home to a stunning fancy-colored rough diamond, unearthed recently by mining company Almazy Anabara (parent company: ALROSA).
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