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Showing posts with label Rough diamonds. Show all posts
Showing posts with label Rough diamonds. Show all posts

Sunday, September 07, 2025

Antwerp Diamond District Hosts Eight Major Auctions This September 2025

Antwerp diamond district becomes global trading hub with 8 simultaneous auctions, 1,800 diamantaires, and $90 million in rough diamonds from Botswana, Canada, and Lesotho.

Record-Breaking September Activity in Antwerp

The Antwerp diamond district experiences unprecedented activity this month. Eight diamond auctions take place simultaneously, with four running during the first week of September.

More than 1,800 diamantaires travel from around the world to Antwerp. They compete for 900 parcels of rough diamonds.

Bonas Auction House in Antwerp provides the only facility worldwide with capacity for such large-scale operations.

Why Antwerp Dominates Global Diamond Trading

Karen Rentmeesters leads the Antwerp World Diamond Centre. She explains why producers choose Antwerp over other locations:

  • Critical mass of buyers and sellers creates optimal bidding conditions
  • Stable business environment with reliable trading partners
  • Unique ecosystem that exists nowhere else globally
  • Improved visa procedures make international travel easier
  • Strategic timing allows diamonds to reach stores for year-end sales

The Belgian Consulate in Mumbai works with AWDC to streamline visa processes. This effort brings more international buyers to Antwerp auctions.

September represents the final opportunity for diamond purchases. Rough diamonds bought now can still be cut, polished, and transformed into jewelry for the crucial holiday season.

Bonas Sets Global Standard for Diamond Auctions

Philip Hoymans manages Bonas's auction house operations. The facility offers unmatched capacity for diamond trading:

  • 32 viewing rooms provide space for simultaneous auctions
  • 191 security cameras monitor all auction activities
  • 8 bailiffs oversee auction proceedings
  • 2,000 daily weight-checks ensure no stones go missing
  • 13,000 expected bids across 900 diamond parcels

The auction house handles 850,000 carats of rough diamonds. This equals 170 kilograms with an estimated value of $90 million.

Global Sources of Rough Diamonds

The September auctions feature diamonds from seven countries:

  • Botswana
  • Canada
  • Lesotho
  • Brazil
  • Tanzania
  • Namibia
  • Angola

Each country contributes unique diamond characteristics to the global market.

Understanding Diamond Tender Process

Diamond tenders connect mining companies directly with diamantaires. The process works through structured bidding on composed parcels.

Mining companies sell rough diamonds straight from mines. Bonas acts as service provider, organizing tenders with mining companies.

The auction house provides market expertise, trained staff, and complete infrastructure. This system helps mining companies reach optimal sale prices for their diamonds.

Market Impact and Future Outlook

Antwerp's September diamond rush demonstrates the city's continued dominance in global diamond trading. The concentration of buyers, sellers, and infrastructure creates market conditions found nowhere else.

International cooperation between AWDC and diplomatic partners strengthens Antwerp's position. Streamlined visa processes and reliable business practices attract diamantaires worldwide.

The timing of September auctions aligns with jewelry industry needs. Diamonds purchased now enter the supply chain for holiday season sales in major markets like the United States.

The Antwerp diamond district reinforces its position as the world's leading diamond trading hub with eight auctions scheduled for September 2025. Over 1,800 diamantaires will bid on 900 parcels of rough diamonds worth $90 million, sourced from seven countries. Bonas Auction House provides the world's largest capacity with 32 viewing rooms, making simultaneous auctions possible.

Saturday, May 10, 2025

Alrosa Finds Its Largest Diamond Ever In Russia

Alrosa's discovery of the 468-carat colored diamond has been named '80 Years of Victory in the Great Patriotic War, referring to the Soviet victory in World War II. Many thanks to bne IntelliNews for sharing the insightful story.


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Wednesday, July 31, 2024

Lucapa Diamond Company Recovers 176 Carat Rough Diamond From Lulo Mine

Lucapa Diamond Company has recovered a 176 carat, type IIa rough diamond from its Lulo alluvial mine in Angola. The rough diamond is the eighth largest diamond to be discovered at Lulo mine since it began operations in 2015. The rough diamond is also the fifth diamond over 100 carats retreived so far this year. Take a look.


Useful link: https://www.lucapa.com.au

Friday, January 12, 2024

Gem Diamonds Recovers A High Quality 295 Carat Rough Diamond

Gem Diamonds has recovered a high quality 295 carat Type II white rough diamond from its Letseng mine in Lesotho. Take a look.


Useful link: https://www.gemdiamonds.com

Saturday, November 11, 2023

Uncut Gems: Are They Worth The Gamble?

Many thanks to Nick Foulkes for sharing an insightful story. To me, to gamble on rough diamonds, one must have superb product knowledge and accumulated luck. If you don't, you will lose the gamble, period.


Useful link:

Thursday, November 09, 2023

Lucapa Recovers 235 Carat Rough Diamond From Lulo Mine

Lucapa Diamond Company has recovered a 235 carat rough diamond, a high quality, type IIa diamond from its Mining Block 550 portion of the site, which is just south of Mining Block 19, from its Lulo mine in Angola. Take a look.


Useful link: https://www.lucapa.com.au

Monday, November 06, 2023

Lucapa Recovers 208 Carat Rough Diamond

Lucapa Diamond Company has recovered a 208 carat rough diamond, type IIa, at Lulo, Angola. Take a look.


Useful link: https://www.lucapa.com.au

Wednesday, November 01, 2023

Gem Diamonds Recovers 117.47 Carats And 110 Carats Rough Diamonds

Gem Diamonds has recovered two high quality rough diamonds, both Type IIa, D color diamonds, weighing 117.47 carats and 110 carats at its Letseng mine in Lesotho.


Useful link: https://www.gemdiamonds.com

Friday, October 27, 2023

Okavango Diamond Company Pauses Rough Diamond Sales

Okavango Diamond Company, Botswana's state-owned rough trader has canceled its November rough diamond sales due to weak market conditions. Sign of the times really.


Useful link: https://www.odc.co.bw

Thursday, October 12, 2023

Wednesday, September 27, 2023

Indian Diamond Industry Call For Two Months Ban On Diamond Exports

The GJEPC, the Bharat Diamond Bourse, the Mumbai Diamond Merchants Association, the Surat Diamond Bourse, and the Surat Diamond Association have called on members to not to import any rough diamonds for the next two months. The action was intended to clear out the current oversupply of rough and polished diamonds.


Useful link: https://gjepc.org

Tuesday, September 12, 2023

Alrosa Recovers 390.7 Carat Rough Diamond In Yakutia

Alrosa has recovered a 390.7 carat rough diamond from its Mayat mine in Yakutia, the largest gem quality rough diamond discovered in Russia in 10 years. The rough diamond is irregularly shaped, bears a light color, and is bordered by a yellow brown halo. Take a look.


Useful link: https://www.alrosa.ru

Wednesday, August 23, 2023

Thursday, August 10, 2023

Lucara Diamond Finds 1,080 Carat Diamond At Botswana Mine

The Karowe mine has produced a 1080 carat Type IIa top white diamond of high quality because of its use of advanced technology. Take a look.


Useful link: https://lucaradiamond.com

Friday, July 07, 2023

Lucapa Recovers 180.87 Carat Rough Diamond At Lulo

Lucapa Diamond Company has recovered a 180.87 carat, Type IIa, white rough diamond at its Lulo alluvial mine in Angola. Take a look.


Useful link: https://www.lucapa.com.au

Tuesday, July 04, 2023

The Protea Pink Diamond

A Type II, 29.52 carat pink rough diamond recovered from the banks of the middle Orange River in South Africa has been sold by Pioneer Diamond Tender House for US$8 million plus. Take a look.


Useful link: https://pioneerdiamondtenderhouse.com

Gem Diamonds Recovers 163.91 Carat Yellow Rough Diamond

Gem Diamonds has recovered a 163.91 carat yellow rough diamond at its Letseng mine in Lesotho. Take a look.


Useful link: https://www.gemdiamonds.com

Tuesday, March 07, 2023

Gem Diamonds Recovers 122 Carat Rough Diamond

Gem Diamonds has recovered a 122 carat, D color, Type II, white rough diamond at its Letseng mine in Lesotho. Take a look.


Useful link: https://www.gemdiamonds.com

Friday, February 24, 2023

Lucapa Recovers 150 Carat Diamond At Lulo

Lucapa has recovered a 150 carat Type IIa D-color white rough diamond at its Lulo alluvial mine in Angola. 


Useful link: https://www.lucapa.com.au