Lerala’s ‘lost’ diamonds go on sale

Friday, April 28, 2023 | 400 Views |

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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