Alrosa, the Russian diamond mining and marketing giant, has named the largest pink diamond ever discovered and produced in Russia, “Spirit of the Rose,” after a legendary short ballet of the same name. The gem was created from a 27.85-carat clear pink rough diamond unearthed two years ago from the Alrosa-owned Ebelyakh mine in the Republic of Sakha (Yakutia) in northeast Russia. The rough was then cut and polished for a year at the “Diamonds of Alrosa” cutting factory in Moscow. The completed diamond was unveiled in February. It has several qualities that make it both rare and with the potential to be extremely ... (full story)