Stargem Holds Record-Breaking Dubai Tender

(IDEX Online) - Stargems, a DMCC-registered international diamond company, sold just under $50 million worth of goods at its recent tender at the Dubai Diamond Exchange. The sale was one of the largest rough diamond tenders held in the UAE.

The goods on offer included over 500,000 carats from the SACIM mine in the Democratic Republic of the Congo (DRC). A total of 577,000 carats of rough were viewed by over 200 international buyers.

"Our November tender has set a new record for Stargems," said Shailesh Javeri, chairman and founder, Stargems Group. "We are delighted with the overwhelming interest shown in the tender, and the competitive price achieved for the rough stones."