Giant Pink Diamond Discovered Could Be Alrosa's Most Expensive

  • Russia’s Alrosa unearths 27.85 carat stone in alluvial mine
  • Company says it might cut and polish the stone itself

Russia’s Alrosa PJSC has unearthed a pink diamond that the gem giant says could be the most expensive it has ever found.

Alrosa, which produces more stones than anyone else, found the 27.85 carat pink gem at its alluvial mines in Russia’s Far East. The company said the biggest pink diamond it had previously found was less than 4 carats in weight.