Full house at Dubai Diamond Exchange’s inaugural Zimbabwe diamond tender

DUBAI: The Dubai Diamond Exchange (DDE), a DMCC platform, is currently dealing with record numbers of participants at the inaugural Zimbabwe diamond tender, being held until 30th March. 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. Neil Haddock, Managing Director, Global Diamond Tenders, reported that over 105 industry participants registered as buyers for the tendered goods on the first day.

Peter Meeus, Chairman, DDE, in a press release, 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, 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.

SOURCE: WAM