DDE hosts inaugural Zimbabwe diamond tender

24th March 2014 By: Leandi Kolver - Creamer Media Deputy Editor

DDE hosts inaugural Zimbabwe diamond tender

DDE Zimbabwe diamond tender

JOHANNESBURG (miningweekly.com) – The Dubai Diamond Exchange (DDE) this week hosts its inaugural Zimbabwe diamond tender, featuring more than 400 000 ct of rough diamonds.

The DDE on Monday said more than 105 industry participants had registered as buyers of the tendered goods supplied by mining companies Anjin Investments, Jinan, DTZ, Diamond Mining Company, Marange Resources, Mbada Diamonds and Kusena, on the first day.

“The DDE has been a key supporter of the diamond trade in Africa over the last decade and acts as a 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, [with] literally every corner of the exchange being used – from every viewing room to every seat in the trading hall,” DDE chairperson Peter Meeus said.