Aug 24, 2017

Koin International to Auction Rough Parcel from Merlin Diamonds in Aug-Sept Sales

Koin International DMCC has confirmed that it will be featuring rough diamonds from Merlin Diamonds Limited at its auction commencing later this month. The Company said that it had received confirmation from Merlin that the diamonds had received Kimberley Process Certificates and had been shipped from Australia to Dubai immediately.

The goods have been included in the August/September 2017 Rough Sales planned by the Company and the auction has been scheduled for 30 August to 6 September 2017.

While not giving out details of the composition of this particular parcel that will be up for auction, Koin said in a release that the Merlin diamond mine in Australia’s Northern Territories is famous for producing large, high clarity, white, high value diamonds and a unique presence of multi coloured diamonds too; pinks, greens and blue diamonds. Australia’s largest diamond, a 104.73 carat stone was discovered at Merlin.

It added that Merlin has 14 known diamond-bearing kimberlite pipes and is the only operating mine besides Argyle in Australia. The recovery of large stones and overall volume at Merlin is set to increase through implementation of a new Tomra XRT machine being installed in October 2017.

Koin said that those interested in making bookings should email bookings@koininternational.com or call +32 3 231 23 05.