GRIB Sells Another $16m at Antwerp Rough Tender

Rough Market
10/07/2020 15:36

On July 10th Grib Diamonds sold over $16M of rough diamonds from its fully owned Grib Diamond Mine in Russia. The rough diamond market is going through continued tough times with re-imposed lockdowns in the main cutting centre, India. However, Grib was able to sell more than 92% of the goods on offer and approximately 300k carats. According to Grib Diamonds, prices were slightly softer than the June sale with a small single digit reversal on June. Sawable and makeable white gem goods were the most popular with customers, as were coloured goods that produce K-L in polished diamonds.