Second Tender of Zimbabwe Diamonds to be Held in Antwerp in February
January 29, 14
(IDEX Online News) – The second tender of run-of-mine diamonds from the Marange area of Zimbabwe will be held in Antwerp next month, said First Element which is organizing the event.
The tender will be substantially larger than the previous sale held in December 2013, the firm announced.
The tender will run from February 12 to 21, including weekends, at the Antwerp Diamond Tender Facility at the Antwerp World Diamond Centre offices from 09:30 to 20:00 each day. The tender will close on February 21 at 15:00.
The tender will feature production from the Diamond Mining Company, Jinan Investments, Anjin Investments, Marange Resources, DTZ and Mbada Diamonds.
The first tender of diamonds from the Marange area held in Antwerp in December generated sales of $10.7 million, which the organizers said was in line with expectations in view of the composition of the parcels.
It was the first tender held in Antwerp since the European Union lifted sanctions against the Zimbabwe Mining Development Corporation (ZMDC), in September following high-level meetings between Zimbabwean officials and the Antwerp World Diamond Centre.