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SRDSIL’s Second Rough Diamond Auction to Take Place by Feb 11

05.02.12, 09:45 / World
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The auction targets small and medium-sized diamond manufacturers
The Surat Rough Diamond Sourcing India Limited (SRDSIL) consortium is planning to hold a second online auction of rough diamonds by February 11, the Times of India reports.
 
Unlike SRDSIL’s first online rough diamond auction , held in January, the upcoming auction will tender approximately 200,000 carats of lower-range diamonds targeted toward small and medium-sized diamond manufacturers.
 
According to SRDSIL spokesman Aagam Sanghavi, the diamonds – sourced mainly from Zimbabwe – will be available for viewing starting on February 9. Diamantaires have until February 11 to submit bids.
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