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Upcoming TAGS Dubai Rough Tender Estimated At $30M+

Trans Atlantic Gem Sales (TAGS) announced it will be holding a rough diamond tender at the Dubai Diamond Exchange from June 12 to 19, once again featuring regular productions from South Africa and Angola.

TAGS estimated the total value of the tender to be in excess of $30 million, but said a final figure would be forthcoming after final details from the producers were received.

The company said the material on offer is all of high clarity and colour. The tender contains a significant number of large single stones and exceptional specials. It added that it is expecting in the region of 20,000 carats of South African goods and 10,000 carats of Angolan goods across a full range of sizes.

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