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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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Lerala’s ‘lost’ diamonds go on sale

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.

BCP eyes student vote revival

UB politics shapes future leaders

DIS officers seek tribunal authority over Magosi

DIS officers reject Magosi’s defence over P7.4m payout

DIS in P 1.5m employees money theft accusation

Botswana bets on gas mining boost for flagging economy

Mupane creditors grow uneasy as appeal drags on

UDC NEC to reconvene post leadership changes

Botswana must not be a flag of convenience for rogues