Russia’s Alrosa is one of the largest diamond producers in the world.  On May 6th in Yakutia, the company mined a diamond weighing in at 76.07 carats, and placed it for auction at $430,000. The diamond has been said to represent the 70 year victory in Russia’s Great Patriotic War (Nazi Germany vs. the Soviet Union).

Mark Bronner Diamonds

According to, “Despite diamonds of this size being extremely rare, this is the fourth big stone found in the Yubileynaya diamond field in the last two years. The crystal is transparent with a yellowish tinge and has in the form of an octahedron,” (Diamond Worth $430,000 Found in Russia).

Earlier this year in December, Alrosa sold a 47.5 carat diamond made of crystal for $1.8 million at Sotheby’s in NYC. This new diamond is made of crystal with inclusions of olivine and graphite-sulfide.

Throughout 2015, Alrosa plans to sell 40 million carats of diamond, which is 4 million more carats than they sold in 2014.  Alrosa has sold 95% of diamonds mined in Russia and accounts for 25% of the world’s diamond production. According to, “The world’s largest producers of natural diamonds are Russia, Congo, and Botswana.” For more information on this newfound diamond, read’s article here.