Strong Jagersfontein & Rooipoort Sales at Antwerp Tender

Rough Market
10/08/2020 08:00

First Element Diamonds Services recently held the Jagersfontein Developments and Rooipoort Developments tender which concluded on Friday the 7th of August at the Antwerp Tender Facility. According to the company, the tender was exceptionally well attended and delivered strong results. Both of the mines offered their full Run of Mine productions which consisted of everything from Special +10.8Ct stones down to Melee goods. First Element noted an extremely high demand for viewing appointments which resulted in strong competition on all the categories, and all parcels were sold at the tender with no withdrawals. Johan Erikson, Managing Director of First Element said, “It is clearly evident when analysing our sale results that the market is in a recovery phase and signs are now promising for the remainder of 2020 and thereafter."