https://www.miningweekly.com

De Beers to run auction in August

3rd August 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Owing to the success of its polished diamond auctions in June, JSE-listed De Beers’ auction sales business will run its next two polished diamond auctions on August 10 and August 24.

Headlining the events is a 15 ct internally flawless fancy vivid yellow rectangle brilliant, as well as a 2 ct fancy pinkish purple cushion.

Customer response to the initial auctions in June was positive, with the diamonds polished directly from De Beers-mined rough diamonds drawing the most interest and resulting in the most lots sold.

The third-party exceptional polished diamond auctions also saw several of the flagship diamond lots on offer being sold, including the lead lot of a 7.21 ct D Colour flawless pear-shaped diamond.

“We’ve been encouraged by the early reaction to auctions of our own polished diamonds and to our third-party exceptional auction sales,” said De Beers auction sales VP Neil Ventura.

He added that the uptake of goods in the auction of De Beers’ dual-certified polished diamonds indicates that there is healthy demand for products with this additional layer of assurance.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Latest News

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.152 0.185s - 88pq - 2rq
Subscribe Now