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Showing posts with the label rough auction

ODC announces auction

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ODC auction viewings from 1-5 July 2019 According to Okavango, they are reminding to all those-the auction players, who wish to meet with ODC in the context related registration process and document requirements ahead of the ODC auction viewings that will be hosted at the AWDC Tender Facility from 1-5 July 2019. Representatives from ODC met in Antwerp on Monday 6 & Tuesday the 7th of May, to those who was interested in becoming an ODC customer and to answer any questions regarding ODC’s sales or registration process. The ODC team is based at the Blue Diamond Meeting Room in the Leopold Hotel, Quinten Matsijslei 25, Antwerp 2018. ODC officially said, “Interested in participating in ODC’s sales and are not already a registered customer, you will first need to complete and return the ODC Registration Form and provide the necessary supporting documentation.” The ODC Customer Registration Documents can be downloaded from their website. “ODC recommends that pros

Alrosa sold 121 rough diamonds!

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Alrosa earns $8.3 mn at Dubai auction Alrosa, the largest diamond mining company in the world, held international auction for special size rough diamonds (over 10.8 carats) in Dubai. The overall revenue amounted to $8.3 million. The company sold 121 rough diamonds with total weight of 1,950 carats. Firms from UAE, India, Belgium, Israel, Hong Kong, Russia and the USA participated in the auction, and 31 firms were recognized as winners in different positions. “Alrosa and Dubai have a longstanding partnership. Since 2014, we have been cooperating with the Dubai Diamond Exchange on industry issues; we have our trading company here, where we regularly hold auctions. This year, we decided to increase the number of auctions in Dubai to five, because we see stable demand, including from local firms,” Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at Alrosa, said. In 2018, Alrosa raised about $40 million at international auctions

Transparency to diamond market: Angola

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Tender under Angola’s New diamond marketing laws The Angola government says, according to a source from the National Prospecting, Mining, Trading and Polishing Company of Angola (SODIAM), with the public sale of very high quality diamond stones, begins the implementation of the new diamond trade policy approved by the Cabinet Council aimed at ending the monopoly and preferable clients.   The statement arrived from Angola Government in the context of Lucapa. Earlier Lucapa Diamond Company & their partners had announced about that diamonds from the Lulo mine in Angola will feature in an historic inaugural international tender under Angola’s new diamond marketing laws just approved by the President of Angola, His Excellency Joao Lourenco, and the Council of Ministers. As such, Sociedade Mineira Do Lulo (SML) will showcase and sell the seven large and exceptional Lulo diamonds it has in inventory through an exceptional stone tender to be held in the offices of Sodia

Rough diamond tender in Dubai

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TAGS auction from the 26th November to the 3rd December 2018 Trans Atlantic Gem Sales (TAGS) will be holding a rough diamond tender from the 26th November to the 3rd December 2018 at the Dubai Diamond Exchange in the Almas Tower, Dubai. Two regular productions of high quality and high colour material from South Africa and Angola will again be presented. Viewings are limited due to the growing interest in the event and we recommend that all interested parties promptly confirm their attendance to ensure availability. TAGS are expecting in the region of 20,000 carats of South African goods and 25,000 carats of Angolan goods across a full range of sizes. Final details will soon be forthcoming from the producers; however the event should have a combined value in excess of US$40m. The Trans Atlantic Gem Sales website lists the full event schedule for 2019. TAGS also propose to give buyers an equal opportunity to gain access to a constant supply of product and comp