Alrosa analysts at its Diamond Sorting Center estimate the auction value of the diamond at in excess of $600,000.
The enquiry is being led by authorized bodies and according to the picture that emerges, the IDE will decide how it proceeds with the issue.
Fusion Alternatives said it thanked Adam Schulman for his role as CEO over the past several years and wished him well in his future endeavors.
India's net diamond account in the first four months of the year rose to $1.621 billion compared with a deficit of $882 million one year earlier.
The Israel Diamond Exchange has adopted a minimalist and contemporary approach this year in its film inviting members of the global diamond industry to attend.
Fusion Alternatives/Hennig Tenders is holding a tender of large rough stones from the Koidu mine in Sierra Leone.
The euro rose by 0.3% to 4.36 shekels. Economic growth in the first quarter was 2.5% which was below expectations. Analysts said the Bank of Israel's interventions in the foreign exchange market did not have any effect.
Zimbabwe's diamond exports fell by 34 percent to 5.9 million carats last year from the eastern Marange region after a slump in production, a junior government minister said on Wednesday.
The Israel Diamond Exchange released a further announcement following the alert issued by the GIA regarding stones that had been submiited and received reports that are suspected to have undergone a color treatment process.
The deception was exposed by GIA, which subsequently issued a laboratory alert and informed the "appropriate trading bodies."
IDE President Shmuel Schnitzer: "The people receiving these awards are people of vision and who put that vision into practise; people who built the industry that we are so proud of with their own hands."
The sale process will include gem quality stones up to 12.6 carats in weight.
