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Forthcoming TAGS Dubai Tender In May Estimated At $40M+

Trans Atlantic Gem Sales (TAGS) announced it will be holding a rough diamond tender at the Dubai Diamond Exchange in the Almas Tower in Dubai from May 7 to 14. Two regular productions from South Africa and Angola will again be presented.

According to TAGS, all materials contain a significant number of large single stones and exceptional specials and are of high quality and high colour. TAGS are expecting in the region of 30,000 carats of South African goods and 25,000 carats of Angolan goods across a full range of sizes.

TAGS said the goods should have a combined value in excess of $40 million. However, final details will soon be forthcoming from the producers.

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