Kimberley Diamonds Ltd said it will be offering approximately 750 carats of its high quality Fancy Yellow diamonds for sale in auction by eDiamond in September. Fancy Yellows produced by Ellendale represent approximately 50% of the world’s supply.
The company said the collection will be presented to eDiamond office in Antwerp, Belgium from 28 August 2014 to 9 September 2014, with the auction taking place on 10 September 2014 and will also include around 26,500 carats of commercial production from the Ellendale Mine in Australia.
Kimberley Diamonds Ltd owns the Lerala Diamond Mine in Botswana and is the owner and operator of the Ellendale Diamond Project in Western Australia. The mine is the world’s leading source of rare fancy yellow diamonds and contributes around half of the world’s supply.
The company also owns the Smoke Creek Alluvial Diamond Project in the Kimberley region of Western Australia; eDiamond BVBA, a marketing office for rough diamonds that uses an independent online trading platform for rough diamond sales and also has interests in a portfolio of other mining tenements in Canada, New South Wales and Western Australia. Kimberley Diamonds Ltd has offices in Sydney and Perth and is listed on the ASX under the code KDL.
Some of the diamonds to be available for sale