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Lerala’s ‘lost’ diamonds go on sale

Under the hammer: The Lerala stones are being auctioned off in Belgium this week
Under the hammer: The Lerala stones are being auctioned off in Belgium this week

International diamond trading firm, I Hennig & Co, this week kicked off a process to sell a parcel of 53,000 carats in rough diamonds that were secreted away from Lerala Mine in 2017.

Information uncovered by BusinessWeek indicates that Hennig has been receiving registrations for the tender of the rough diamonds scheduled for April 27 to 30 in Dubai. A similar tender process will be held in Antwerp between May 4 and 10.

“Original Lerala Diamond Mine (Pty) Limited goods—over 50,000cts of original goods from the liquidation of the assets of the Botswana-based mine, in all sizes and qualities,” reads the notice inviting registrations for the auction.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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