Trans Atlantic Gem Sales (TAGS) held the April Tender between the 25 and 29 April 2021 in Dubai. Despite the serious COVID situation in India, which resulted in the imposition of severe travel restrictions into the UAE and around the world, virtually all the leading manufacturers decided to relocate their buying teams to Dubai before the lockdown to ensure a supply of rough to the factories.
TAGS received a new supply of Angolan ‘Run of Mine’ rough which included several Exceptional Special stones +10.8 carats. Total carats offered were in the region of 45,000 cts with a value of approx $18m.
While the number of visiting companies was impacted by the travel restrictions, TAGS still welcomed close to 100 companies, from all the leading centres and reported 100% sales.
Most companies will now remain in Dubai to participate in the forthcoming De Beers and ALROSA sales which will be joined by several other small tenders taking place at the DDE Tender facility in the coming few weeks.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished
Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
