Small Diamonds Lead Price Gains in September
1-carat RAPI rises for second straight month.
Category: Rough
Some 60% of goods on offer sell, with strongest bidding for bigger sizes and higher qualities.
Koin, TAGS postpone rough tenders in Emirati city.
Move reflects intense shortage of 5-carat-plus rough at February sight.
Sightholders say new system makes rough less commoditized.
Miner moves 2-carat goods out of beneficiation ranges.
Dealers believe Anglo American’s sale process is dictating policy.
Miner cites “challenging environment” for diamond industry.
Adam Schulman of Koin International extols the virtues of the tender system.
Recovered in August 2024 from Lucara’s Karowe mine in Botswana, it is the second-largest ever found.
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