Inaugural IMDH Dubai Rough Diamond Tender realises impressive result

Dubai - October 2016

During October 2016, Trans Atlantic Gem Sales (TAGS) hosted the inaugural international tender for IMDH presenting their South African Marine production. The tender took place over 5 days between 9th and 13th October.

The tender attracted a broad range of the leading Diamantaires from every major centre and was enormously successful for IMDH.

Buyers attending the event made very positive comments regarding the quality of the goods presented but also concerning the professionalism of the event, the facilities of the DMCC and convenience of Dubai as an easily accessible centre. The success of the event increases confidence that Dubai can be developed to realise a very prominent position as a leading diamond trading centre attracting buyers in the region who do not typically travel to other trading centres. The sale realised a total of $ 4.99m with an Average Price of $360.39/carat. IMDH were extremely pleased to sell all available Lots at strong market prices.

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