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Upcoming TAGS Dubai Tender Of SA, Angola Rough Estimated At $30M

Trans Atlantic Gem Sales (TAGS) announced that its inaugural rough diamond tender in the newly renovated facility at the Dubai Diamond Exchange, from September 20 to 27 will feature two regular productions from South Africa and Angola.

TAGS said the rough is of high quality and high colour and contains a significant number of large single stones and exceptional specials. The company is expecting in the region of 20,000 carats of South African goods and 20,000 carats of Angolan goods across a full range of sizes.

The tender should have a combined value in excess of $30 million, though final details will soon be forthcoming from the producers.

As the tender takes place during the Dubai Diamond Conference on September 26, TAGS would welcome meetings with any potential producers or interested parties.

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