Rough Market is "Extremely Buoyant", says Antwerp-based Grib

By John Jeffay / December 14, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Grib Diamonds says it sold $35m of rough at its latest Antwerp sale, and described the market as "extremely buoyant".Overall prices were up by about five per cent, and all the 450,000 carats offered were sold."The main strength was in the bigger sizes but smalls and melees were also up," said head of sales Antony Dear. Increases among two-carat goods were in the high single digits. Among smaller goods they were in the low single digits. Grib, now a subsidiary of AGD Diamonds, has been marketing diamonds from the Grib diamond pipe, 130km from Arkhangelsk, in north-west Russia, at spot market internet auctions since 2014.In addition it has recently diversified into selling rough from Angola.File pic shows Grib rough diamonds

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok