DMCC partnership with Trans Atlantic Gem Sales (TAGS) to ensure the presence of more than 130 customers who participated in the 12-day event.
TAGS organize six auctions for diamonds in Dubai in 2017 as part of the partnership with the DMCC.
Commenting on the series of tenders, Sashittal Gautam (Gautam Sashittal), CEO of DMCC, said: "Dubai is one of the world's top three centers of diamond trade in 2016 diamond imports increased by 16% to $ 6.3 billion, and DMCC has made a significant contribution. in this growth. the Dubai diamond Exchange, DMCC has platform provides industry participants infrastructure and regulatory framework that is required for their growth, while providing a unique geographical location of Dubai between production and the consumer market of East and West. "
Through the trading platform DMCC diamond suppliers with lower volume production can sell their products with a large industrial mining companies. At the last tender was submitted diamonds from the West Coast of South Africa, who are known for their clarity and quality, according to a press release.
Thinking about Dubai's ability to integrate the global supply chain in the diamond industry, Mike Egget (Mike Aggett), CEO of The TAGS, said: "Dubai is an important center of commerce for The TAGS, differing not only a reliable customer base, but also a unique access capability and the integration of markets worldwide. in cooperation with the Dubai diamond exchange, the mining companies and manufacturers of all sizes and scales have a unique opportunity to enter the global supply chain through Dubai and reach out to a broader market. "
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According to reports, the British NGO Survival International opposes the recent issuance of new licenses for exploration of Sunland Minerals, a joint venture Botswana Diamonds and ALROSA company.
Last month, Sunland received six exploration licenses. Four of them fall on the central Kalahari Reserve wild animals (Central Kalahari Game Reserve, CKGR) , covering 3,135 square kilometers, and the other two on the kimberlite province Orapa (Orapa), occupying 482 square kilometers.
Area of the reserve is close to the mine PIMU (Gope) company Gem Diamonds, as well as causing increased interest in a joint venture project Maibwe Joint Venture, in which the partner is Botswana Diamonds.
Africa Intelligence web portal quoted the organization Survival International, projecting to end the displacement of indigenous peoples, which stated that the concerned location four of the licenses inside the Central Kalahari reserve of wild animals, where several Bushman communities reside.
In late 2006, the Bushmen won a historic case in the High Court of Botswana, in accordance with the decision of which was found to be unlawful to expel the local population from the reserve.
The organization Survival International protested against the presence of De Beers in the reserve since 2003, and her efforts were rewarded when the diamond giant ceased its activities there in 2008.
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