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TAGS Announces $40M Rough Diamond Tender In Dubai This Month

Trans Atlantic Gem Sales (TAGS) has announced it will be holding a rough diamond tender from June 19 to 27 in Dubai’s Almas Tower. Two productions from South Africa and Angola will again be presented, with both productions being of high quality and high colour material.

This rough diamond tender follows six previously successful tenders which have been very well received by the market and  the offerings continue to grow in both caratage and popularity.

While final details will soon be forthcoming from the producers, TAGS said it is expecting in the region of 25,000 carats of South African goods and 18,000 carats of Angolan goods across a full range of sizes with a combined value in excess of $40 million.

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