Zimbabwe opened an auction of rough diamonds on the Dubai Diamond Exchange (DDE), putting up for auction about 1 million carats of stones.
This is the second time that authorities in Harare hold an auction on the site in Dubai, and the fourth open sale of Zimbabwean rough diamonds since December 2013.
The Sunday Mail reported that the auction will last two weeks, and it is expected that the average price of diamonds after the auction will be $ 100 per carat compared to $ 76 per carat recorded at the previous auction.
According to the statement of Francis Gudyanga, the permanent secretary for the development of mining in Zimbabwe, Mbanda Diamonds, Anjin, Jinan, Diamond Mining Corporation