Russia's Alrosa raises $11.8 million in New York diamond sale
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LONDON (Reuters) - Russian state-controlled miner Alrosa, the world's biggest producer of rough diamonds in carat terms, raised $11.8 million (9.01 million pounds) in its first New York diamond auction of the year, as it seeks to increase its activity in the United States. Rebecca Foerster, president of Alrosa, North America, said sanctions against some Russian companies did not diminish the appeal of Russian high quality diamonds. Alrosa resumed operations in New York last year after they lay..