Full house at Dubai, inaugural Zim diamond tender The Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform, is reportedly, bustling with record numbers of participants at the inaugural Zimbabwe diamond tender which opened on Sunday March 23 and runs until March 30. According to Neil Haddock, managing director of Global Diamond Tenders, over 105 industry participants registered as buyers for the tendered goods on the first day. The tender is facilitated by Global Diamond Tenders DMCC in cooperation with the DMCC and features over 400 000 carats of rough diamonds from Anjin, Jinan, DTZ, DMC, Marange Resources, Mbada and Kusena. Peter Meeus, DDE chairperson, said: “The DDE has been a key supporter of the diamond trade in Africa over the last decade and very much acts as facilitator of trade between producing and consuming nations. “It is incredible to see strong international trading relations flourish into what we are experiencing here at the DDE in Dubai this week. “The DDE is full – literally every corner of the exchange is being utilised – from every viewing room to every seat in the trading hall”. Viewings are currently taking place in the premises of the Dubai Diamond Exchange, Almas Tower, and Level 2. The DDE is a member of the World Federation of Diamond Bourses and a supporter of all its initiatives. The Exchange fully complies with the Kimberley Process Certification Scheme, which ensures that all rough diamonds imported to and exported from the country have been mined in a legitimate matter. The rough tender marks the third diamond sale organised by the DDE so far this year. Zimbabwe has held two tenders recently in Antwerp and has indicated that the country would also partner with other diamond trading centres to secure future sales. The DDE and Dubai has emerged as one of the leading global diamond platforms and centre, apart from the Antwerp World Diamond Centre in Brussels.
Posted on: Wed, 26 Mar 2014 08:38:47 +0000
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