Laurelton Diamonds Belgium BVBA held in January next tender of rough and polished diamonds on a tender area of Antwerp, told the Antwerp World Diamond Center (AWDC).
At the auction stones white and yellow colors will be exhibited weighing 5 carats to -7 carats and range of high quality stones with a total weight of about 8000 carats.
A number of small diamond white and yellow colors will also be exposed by weight gran + 3 to - 5 grains - in mixed parcels - a total weight of about 10 000 carats.
The tender will be held from January 23 to February 2 at AWDC building.
Laurelton Diamonds Belgium BVBA, a subsidiary of Tiffany & Co, produces and carries out trading operations on a global scale.
The company buys rough diamonds and manages the global chain of cut, polished and supply of diamonds from Tiffany & Co.
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West African diamond company Stellar Diamonds reported a conditional receiving £ 600,000 on operating costs through the issuance of securities.
The company noted that the proceeds from the placement and the subscription will be used for general purposes of working capital, as well as for obtaining a license for Tongo project (Tongo) in Sierra Leone. In addition, these funds will be used to carry out trial mining and sale of diamonds from the mine Baul (Baoulé) in Guinea, and a full initial evaluation of the project resources with a target level of diamond content of 3 million carats.
Meanwhile, Stellar said that the company has recently managed to obtain $ 300,000 from diamond auction in Antwerp after the sale of 3291 carats a Baul.
The average price was $ 91 stones per carat compared to $ 156 per carat in the framework of the May auction in 2015.
"Lower price compared with the previous sale in May 2015 was due to different range of products with a high content of diamonds less than high quality, as well as generally weaker market for rough diamonds from the middle of last year," - the company says.
"However, some gems in this last auction were sold at a price of over $ 1,000 per carat and up to $ 4,600 per carat. They were mostly white diamonds and fancy yellow diamonds. This demonstrates the high quality diamonds kimberlite pipe Baule".
Stellar also reported that a 55-carat diamond found recently on Baul mine and who had a coating of diamond like "board" will not bring high returns when cut, and was therefore implemented in its raw form.
"Meanwhile, this large stone suggests that the Baul tube is a potential source of large diamonds that are mined in the alluvial areas of the project for many years, a number of these stones have a size greater than 100 carats.", - concluded the Stellar.
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